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:
Lightning coach Jon Cooper apologizes for inappropriate comment about putting skirts on goaliesRoss Stripling earns his first win since 2022 as Athletics blank Pirates 4Sarah Snook steps out with her mother and husband to watch her former Succession coEvan Mobley has huge block in final seconds as Cavaliers hold off Banchero, Magic 104I lost 10lbsBaby Reindeer stars Richard Gadd and Jessica Gunning are armVendor that mishandled Pennsylvania virus data to pay $2.7 million in federal whistleblower caseJessica Simpson, 43, is a pretty pinup in a lowBiden administration weighing measures to help Palestinians bring family from regionCharges revealed against former Trump chief of staff in Arizona fake elector case
3.1268s , 6502.015625 kb
Copyright © 2024 Powered by Shanghai FTZ's Lingang new area welcomes first foreign bank ,Culture Crossroad news portal