CHONGQING, China, August 4, 2022 /PRNewswire/ — About July 27youhthe opening ceremony of the new Jiangbeizui Financial Summit 2022 was held at the Jiangbeizu International Fashion Center in Chongqing. With the theme “Empowering Two High-Quality Development Goals, New Finance Gives New Momentum”, participants are expected to conduct in-depth discussions on topics such as new trends in the digital economy and digital transformation of finance, macroeconomic models and construction of financial centers, integrated development of green industry and green finance.

New Jiangbeizui Financial Summit 2022

Chen Mingbo, member of the standing committee of the CPC Chongqing Municipal Committee and vice mayor of the Chongqing Municipal Government, attended the opening ceremony and addressed him. He noted that the Western Financial Center is a major and far-sighted decision made by the CPC Central Committee thinking in broad terms, which aims to boost the construction of the Chengdu-Chongqing Twin-Hub mega-region, a mission important for Chongqing At the shoulder. Over the years, Chongqing accelerated the high-quality development of the financial industry, continued to improve the system of financial institutions, pooled major financial factors, deepened financial reform and opening-up, and optimized the environment for financial development. These fundamentals serve as a solid support for Chongqing in accelerating the construction of a Western Financial Center based in the West, facing East Asia, South East Asiaand South Asiaand serving the Belt and Road Cooperation.

In his welcome speech at the opening ceremony, Teng Hong Wei, Secretary of CPC District Committee of Chongqing Jiangbei, host of the event, said that today new finance, big data, smart technology and blockchain are deeply integrated; and innovations, including science and technology finance, green finance and blockchain finance, are emerging one after another; continuously stimulating high-quality development and providing high-quality life for people. As the central construction area of ​​the Western Financial Center in Chongqing, Jiangbei District has fertile soil for the growth of financial capital and a favorable environment for the development of the Western mode of new financial industries. Jiangbei District sincerely welcomes financial institutions to settle, start businesses and prosper.

During the opening ceremony, Jiangbeizui Financial Development Report 2022 published by the China Economic Information Service of the Xinhua News Agency presented a multidimensional and panoramic analysis of the achievements of Jiangbeizui’s financial development, Chongqing. According to the report, as the core area of ​​Western Financial Center, Jiangbei County attracted an agglomeration of institutions, deepened financial reform step by step, expanded financial openness, showed a stronger atmosphere in terms of financial literacy, optimized the business environment, and enabled enterprises to gradually progress to supply public. As a financial pioneer of western chinahe witnessed increased outreach and influence.

In order to further accelerate the construction of the central area of ​​the western financial center and promote high-quality development of the Chengdu-Chongqing Twin-Hub mega-region, after relying on the experience of Beijing Financial Street and of Shanghai Lujiazui, in the light of actual conditions, Chongqing Jiangbei District, studied and deployed the Measures for accelerating the construction of the central area of ​​the western financial center, also called “the ten financial measures of Jiangbeizui”, which was later published by Tao Shixiang, deputy secretary of the CPC Chongqing Jiangbei district committee and district mayor of the Jiangbei district government. With attractive and favorable household registration and development policies, “the ten measures” strongly support the agglomeration of major financial institutions, encourage innovation and development of financial and technology industries, and continue to strengthen the system. services and professional knowledge support framework.

During the last years, China the financial industry has made historic achievements. We have promoted financial reform and opening up in an orderly manner, improved the financial market system, increased the financial center city’s competitiveness and influence, ensured that the Beijing National Financial Management Center plays a better role, modernized the Shanghai International Financial Center and made solid efforts to build the western financial center of Chongqing. At the opening ceremony, Beijing Financial Street Services Bureau, China (Shanghai) The Lujiazui office of the pilot free trade zone administration committee and the administration committee of the Chongqing Central Business District Jiangbeizui signed a joint proposal: Deepen service cooperation between financial centers and foster high-quality economic developmentaimed at continuously improving the functions of the main financial centers of Beijing Financial Street, Shanghai Lujiazui and Chongqing Jiangbeizui with better services and a more favorable environment.

According to the joint proposal, as professional institutions serving the construction of financial centers, the three parties will further support finance to better energize the real economy, take multiple parallel measures to prevent and resolve financial risks, promote deeper financial reform and innovation, will join hands to build demonstration cases of financial party building, continue to improve the support system of financial services, do more exchanges between institutions for better communication between leaders, and make advance regional cooperation with publicity.

In 2021, the CPC Central Committee and the State Council issued the Overview of the development progress of the Chengdu-Chongqing Twin-Hub mega-regionand six ministries and commissions, including the Banque Populaire de Chinaprinted and published jointly e Planning Chengdu-Chongqing Cooperation in Western Financial Center Constructionwhich opened up major strategic opportunities for the construction of the Western Financial Center.

As the central area of ​​the Western Financial Center in ChongqingJiangbei District is committed to the guidelines of “planning regional development with a global vision and serving global development with regional contributions”, and the ways of bringing together financial institutions and functions, seizing opportunities strategies, to advance reform and innovation, to raise the stage of development and to promote high-quality development of finance in Western countries. China. Currently, a multi-dimensional industrial structure, with the financial sector as the core, business and professional services as the support, and information services and emerging strategic industries as the complement, has been completed in Jiangbei District.

According to statistics, until the end of June 2022the added value of the financial sector of Jiangbei district has reached 17.77 billion RMB, accounting for 23.6% of Jiangbei District’s GDP. The balance of savings and loans in RMB and foreign currency reached more than 1.8 trillion RMBand the total ranked top in Chongqing.

SOURCE Xinhua Finance