SIP hosted the 2018 Financial Development Symposium, trying to draw on the wisdom from the whole financial sector to achieve its goal of becoming a financial sub-center in the Yangtze River Delta area. Representatives from nearly 20 banks, securities institutions and insurance companies participated.
Actually, SIP has been striving to propel local financial development over the past few years. For example, it has carried out two three-year action plans aimed at driving a significant growth of the finance industry.
The efforts have paid off. SIP is currently a home to 894 financial institutions respectively engaged in banking, insurance, securities trust and private equity, and the financial business structure here has been greatly optimized.
In order to further concentrate and integrate financial resources, SIP is preparing to set up the Jinji Lake Central Business District as modern carrier for financial development.
On the other hand, it is endeavoring to tighten the partnership with Shanghai-based financial institutions, luring high-quality projects, learning experience and jointly providing better specialized financial services.