The
agreement said that the three parties would establish the town in
Qianhai and promote the development of finance, technology and other
modern services in the area, creating a global financial industry
complex and a financial ecosystem.
This move
aims to enhance the economic and trade cooperation between China and the
U.K. and implement the requirement given by Shenzhen Party chief Xu Qin
to deepen the cooperation between Chinese and U.K. enterprises in
financial innovation.
Ahead of
signing the agreement, the Qianhai delegation, which was led by Tian Fu,
director of the Qianhai-Shekou Pilot Free Trade Area Authority, visited
the Canary Wharf Group, where its chief executive, Sir George
Iacobescu, introduced the development and operation of Canary Wharf.
Canary
Wharf is a major business district located in Tower Hamlets, East
London. It is one of the U.K.'s two main financial centers and is the
harbor of many world-famous headquarters, such as Credit Suisse, HSBC,
Infosys, J.P. Morgan and Morgan Stanley.
The
delegation also met the Deputy Mayor of London, Rajesh Agrawal,
officials of investment promotion and the HSBC management to discuss
building an HSBC regional headquarters in Qianhai.
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