China News Agency, Beijing, March 9 (Reporter Wang Enbo) HSBC announced on the 9th that it will build its first global training center in Nansha, Guangzhou, with a total investment expected to exceed $ 150 million. HSBC said that the move underscores the company's long-term commitment to the Chinese market, and it also reflects its determination to fully and deeply participate in the development of China's financial industry.
As the HSBC Group's largest training base in the world, according to the preliminary plan, Nansha's "HSBC Global Training Center" will be put into use in 2024. At that time, it will be able to provide training to about 14,000 employees of the company's Asia-Pacific region and global senior management. In addition, the Center is committed to becoming a platform for HSBC to expand cooperation and share financial knowledge and skills in the Pearl River Delta and the Mainland.
Wang Dongsheng, CEO of HSBC Asia Pacific, said that as an important strategic market for HSBC, the huge potential of China's economic development and its leading development in financial technology have attracted worldwide attention. The establishment of a global training center in the Mainland will provide valuable opportunities for the company's global employees and management to expand their horizons, inspire thinking, and grasp the pulse of the Chinese market.
Talking about site selection considerations, Wang Dongsheng introduced that as one of the three major areas of Guangdong Free Trade Zone, Nansha is located in the center of the Guangdong-Hong Kong-Macao Greater Bay Area. It is an important node connecting the urban agglomerations on both sides of the Pearl River Estuary with Hong Kong and Macao. Make good use of the resources of Guangdong, Hong Kong and Macau to provide convenience. At the same time, I also hope that the center will help the closer communication and cooperation of financial talents in Guangdong, Hong Kong and Macau.
It is understood that HSBC is the largest foreign bank in Guangdong with the largest number of outlets. The HSBC Group has invested in Guangdong to establish three global operation centers and a software development company to provide logistics and software development support for its global branches. Currently, HSBC is one of the largest employers of foreign financial institutions in Guangdong Province and even China. (Finish)