China to build financial centre in western region by 2025, central bank says

by Aurelia Butler 24 December 2021, 08:55 169 Views

BEIJING (Reuters) – China is planning to build a financial centre in the western region by 2025, the central bank said on Friday, in a bid to support economic growth in the Chengdu-Chongqing area.

In an inter-agency document outlining the plans, the People’s Bank of China said the government will study and set up a mechanism of capital exchanges with Singapore and Japan, and carry out bilateral investment and financing projects.

Source: Economy - investing.com

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China to build financial centre in western region by 2025, central bank says

China to halve settlement fees for stock index futures and bond futures trading in 2022

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