www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Make me your Homepage
left corner left corner
China Daily Website

Shanghai FTZ to play leading global role

2013-12-03 14:07

By Chen Jia (chinadaily.com.cn)

Shanghai FTZ to play leading global role
 

Shanghai Free Trade Zone is likely to become a major international treasury center and will attract an increasing number of multinationals amid the government's support for renminbi internationalization, Standard Chartered Group CEO Peter Sands said in Beijing on Tuesday.

Shanghai FTZ to play leading global role

Standard Chartered Group CEO Peter Sands 

Along with Hong Kong, Taiwan, Singapore and London, the UK bank's CEO also sees the zone as the next opportunity to expand its renminbi services.

"We are very excited that the renminbi is becoming more integrated into the global economy and the process is extraordinarily rapid, although there are many steps to go through," he said.

Standard Chartered is preparing for the ongoing financial reforms and changes in China, especially for new policies in the Shanghai Free Trade Zone.

It will "play a positive role in the evolution", taking advantage of the bank's broad international business network and the experience of developing the bond market, according to Sands.

Standard Chartered Bank and Agricultural Bank of China signed a Memorandum of Understanding on Monday that cements a partnership to provide renminbi clearing services in the United Kingdom.

Cooperation with China's third-largest bank by total market value to build a renminbi clearing center in London will further help Chinese companies to expand business overseas and accelerate the currency internationalization, he said.

Under the agreement, financial institutions and companies can undertake transactions denominated by renminbi in banking services from the UK branches of the two banks.

"It will pave the way for greater awareness and the development of more renminbi related products and services in areas such as trade finance, global cash management, asset management and bond settlement based on the renminbi offshore market of London," said Sands.

"The opportunity to boost renminbi liquidity in London could be used to fund large investment projects and support the development of other financial activities."

With the settlement of the renminbi clearing services, the UK will provide more opportunities for Chinese enterprises to expand investments, he said. "More broadly, it will help Chinese companies access Western markets, including the United States and other European countries."

Negotiations on cooperation between Standard Chartered Bank and Agricultural Bank of China started three years ago. It also raised the agreement to continue to expand partnership of small- and medium-sized enterprises financing survives.

"We are proud to contribute to the strengthening of economic ties between the two nations, as the renminbi continues to internationalize," the UK bank's CEO said.

According to the Society for Worldwide Interbank Financial Telecommunications, London accounts for 28 percent of offshore yuan settlement transactions. It is the main offshore renminbi center in the European Union.

 

We recommend:

UK gets a taste of China

 

Related Readings:

Standard Chartered upbeat on 2014 China equity markets
China's GDP growth to 7.6%
Standard Chartered branch set for new business area
Standard Chartered, HSBC 'poised to enter FTZ'

 

Previous Page 1 2 Next Page

...
主站蜘蛛池模板: 女人被男人躁得好爽免费文 | 91精品一区二区三区在线 | 久久狠狠一本精品综合网 | 久久精品免费i 国产 | 在线视频一区二区三区三区不卡 | 亚洲自拍成人 | 久久经典免费视频 | 亚洲精品人成在线观看 | 天堂色视频 | 亚洲欧美不卡中文字幕 | a级毛片免费 | 久久91在线| 506rr亚洲欧美| 日韩制服诱惑 | 国产三级视频在线 | 国产成人精品福利网站人 | 高清欧美一级在线观看 | 国内精品久久久久久野外 | 亚洲国产一 | 又黄又刺激下面流水的视频 | 久久久久久久久久久观看 | 一区精品视频 | 成人国产综合 | 在线观看日本永久免费视频 | 亚洲一区二区三区影院 | 亚洲国产二区三区久久 | 在线观看日本视频免费 | 精品国产高清a毛片无毒不卡 | 成人性视频在线 | 国产成人精品午夜二三区 | 日本波多野结衣视频 | 精品国产成人系列 | 精品视频一区二区 | 欧美大片在线播放 | 免费精品久久久视频 | 欧美 另类 精品一区视频 | 国产亚洲欧美久久精品 | 久久久成人啪啪免费网站 | 国产综合久久久久 | 99在线观看视频免费 | 一级毛片美国一级j毛片不卡 |