Shanghai FTZ's Lingang new area welcomes first foreign bank
Release time：2024-05-21 08:03:13 Source：World Wave news portal
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. ■
- Previous：Bella Hadid goes braless in a thigh
- Next：Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky
Related articles
- Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
- Holiday to see pickup in outbound travel
- 5th World Sichuan Cuisine Conference held in SW China
- Xinhua Commentary: For China and U.S., One's Success Is an Opportunity for the Other
- I was 'brokefished' by my friend for £400
- 'To Me, You Are America': Xi Jinping's Interactions with American People
- GLOBALink
- We gifted President Xi a ticket for Mombasa
- 'The Apprentice,' about a young Donald Trump, premieres in Cannes
- Various events introduced for students at museums in Xi'an
- Adams, Reyna, Turner, Ream are US concerns ahead of Copa America
- China's grain output sets new historical record
- Xi Sends Congratulatory Letter to Annual Conference of Cross
- China expected to continue contributing over 30% to global growth in 2024: economist
- Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
- Scenery of UNESCO World Heritage sites in Albania
- China publishes Atlas of Wildlife in SW China
- Harbin creates ice sculptures of Terracotta Warriors to cater for tourists
- Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky
- China's grain output sets new historical record
Random recommendation
- Copyright © 2024 Powered by Shanghai FTZ's Lingang new area welcomes first foreign bank ,World Wave news portal sitemap