The VIP Gallery | 人民大道200号
Mayor meets Chicago banker before Shanghai symposium
上海正加快优化金融环境 应勇会见芝加哥联储主席一行
Online Edition
IN his meeting with Charles Evans, president and CEO of the Federal Reserve Bank of Chicago, on Monday, Mayor Ying Yong congratulated Evans for holding the Shanghai Symposium on OTC Derivatives with co-sponsors People’s Bank of China and the Global Association of Central Counterparties (CCP12).
Ying said Shanghai and Chicago are economic hubs in their respective countries and have cooperated successfully and fruitfully since they became sister cities more than 30 years ago.
Shanghai will become an international financial center compatible with China’s economic strength by reforming and improving its financial market system for the goal of yuan’s internationalization in 2020. The city has introduced incentive policies to attract financial professionals, he said.
The mayor noted that the Federal Reserve Bank of Chicago is one of the three biggest Federal Reserve Banks in the US with rich experiences in financial sector supervision. The bank has authority over financial infrastructure planning and policy making.
Ying said Shanghai should take the opportunity of the symposium to widen cooperation with the Federal Reserve Bank of Chicago, CCP12 and other financial institutions and borrow their experiences for its development into an international financial center.
Evans spoke highly of Shanghai’s economic achievements and said Shanghai is a city with international influence. Its endeavor to become an international financial center is not only important to China but also to the world’s financial industry.
He said he hoped the symposium would let participants learn from each other and work together to develop the financial market.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
