The VIP Gallery | 人民大道200号
Yang Xiong talks with US trade delegation
与各国保险企业深化合作 杨雄会见美国客人
Online Edition
SHANGHAI Mayor Yang Xiong met a delegation from the Office of the United States Trade Representative on Wednesday. The delegation came for the 8th round of the China-US Insurance Talks.
Yang said the municipal government is pushing for more reforms and opening in Shanghai Free Trade Zone and is offering foreign investors the same treatment as Chinese companies by adopting the negative list. The city has taken a series of measures to facilitate foreign investment and trade and is carrying out financial opening and innovation.
He said that with the support of the China Insurance Regulatory Commission, the city’s insurance sector has developed well, attracting many insurance institutions from home and abroad. The city also founded the Shanghai Insurance Exchange.
The mayor stressed the need for cooperation between Chinese and foreign insurance companies and pledged more effort to strengthen Sino-US trade ties.
The American guests said they were glad to attend the insurance talks in Shanghai and they were impressed by the city’s development. Many American companies are operating in Shanghai. They hoped China’s continuing reforms and opening will bring more opportunities for companies and benefit trade between the two countries.
Zhou Yanli, vice chair of the China Insurance Regulatory Commission, and Hanscom Smith, the US consul general in Shanghai, were present at the meeting.
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