Home Page | Photos | Video | Forum | Most Popular | Special Reports | Biz China Weekly
Make Us Your Home Page
China
Most Searched: Xi Jinping   Spring Festival  Moon rover  ADIZ  Third plenary session  

China approves new financial pilot zone in Qingdao

English.news.cn   2014-02-13 21:40:08

QINGDAO, Feb. 13 (Xinhua) -- A financial pilot zone for wealth management in the city of Qingdao, Shandong Province has been approved by eleven ministries and commissions, including the National Development and Reform Commission, the city's government announced Thursday.

The move is aimed at adapting to booming wealth management demand and encouraging innovation in the financial system, according to a statement from the Qingdao government.

According to the statement, the zone will encourage establishment of diversified wealth management organizations and participation of private capital in order to build a professional wealth management market in the city.

The zone will encourage innovation in the industry and in supervision, it said.

The government will strengthen risk control in protecting investors' rights and interests, enhance international cooperation and pay attention to talent cultivation.

Editor: An
分享
Related News
Home >> China            
Most Popular English Forum  
Top News  >>
Photos  >>
Video  >>
Top Science News Latest News  
  Special Reports  >>
010020070750000000000000011106041331134201