Aerial photo taken on Oct. 24, 2019 shows a view of Lingang new area of the Shanghai free trade zone. (Xinhua/Ding Ting)
SHANGHAI, May 4 (Xinhua) -- The administrative committee of Lingang new area of the Shanghai free trade zone (FTZ) has announced that United Overseas Bank (UOB) China is expected to open in the third quarter of this year.
The landing of the first foreign bank shows that foreign investors are full of confidence in the development prospects of Lingang and China's financial market, according to the administrative committee.
UOB China said it will continue to provide one-stop financial services for Chinese and foreign enterprises with its business network strength in ASEAN, while focusing on creating cross-border financial innovation solutions with the policy advantages in Lingang. ■
Related articles:
Related suggestion:
Protesters in PakistanAnya TaylorHundreds of Syrian refugees head home as antiRamírez leads late scoring barrage, Guardians deal Rangers their seasonGolden State's WNBA expansion franchise to be known as the ValkyriesCzech power company CEZ reports net profit of $592 million in Q1, up by a quarter yearDemi Moore, 61, beams as she leaves the Gucci Cruise show with Nikolai von BismarckThe Danish king and his AustralianJaden Smith and his model girlfriend Sab Zada match in hoodies and trainers for a casual date nightDaisy Edgar
1.6873s , 6499.34375 kb
Copyright © 2024 Powered by Shanghai FTZ's Lingang new area welcomes first foreign bank ,Culture Corridor news portal