China News Service, Beijing, August 9 (Reporter Du Yan) The 2020 China International Trade in Services Fair (referred to as the "Service Trade Fair") will be held in Beijing in early September. As one of the eight thematic exhibitions, the financial services exhibition invited more than 100 well-known financial institutions at home and abroad to participate. Among them, Morgan Stanley, Deutsche Bank, Daiwa Securities, Bank of Luxembourg and other foreign institutions will make their debuts, bringing professional investment in the global market Experience and practice, diverse cross-border investment channels, and high-quality investment products are sending positive signals to the world that China’s financial industry will further open up.
This is what the reporter learned from the first press conference of the Service Trade Fair Financial Services Special Exhibition held on the 9th.
Huo Xuewen, director of the Beijing Municipal Financial Supervision and Administration Bureau, introduced that the theme of the financial service exhibition is "New Finance, New Opening, and New Development", with an exhibition area of 6555 square meters. The exhibition area of the National Financial Management Center, the financial industry opening exhibition area, and finance The industry supports the global service trade exhibition area, the future finance and smart finance exhibition area, and the global wealth management exhibition area. More than 100 financial institutions from 18 countries and regions participate in online and offline exhibitions.
He said that up to now, 43 foreign-funded financial institutions have confirmed their participation in the exhibition, which will showcase integrated cross-border financial services, promote characteristic business in China, and promote global products of financial service trade.
Among them, Morgan Stanley, Deutsche Bank, UBS, Japan's Daiwa Securities, Bank of Luxembourg and many other foreign institutions made their debut at the financial service exhibition.
Yin Zhen, deputy general manager of Deutsche Bank's local business in China and president of Deutsche Bank (China) Co., Ltd. Beijing Branch, said at the press conference that he will continue to actively deploy business in China and hope to showcase the bank's local business services through the Service Trade Fair. Ability and overseas business service capabilities, and exchange new trends in international financial trade services with all parties at the meeting.
Geng Xin, Vice Chairman of Daiwa Securities China Committee, said that in addition to the traditional securities business, the group's diversified and sustainable development achievements in the fields of financial technology, renewable energy, pension, and health will be presented through the exhibition.
At the press conference, Huo Xuewen also introduced that during the exhibition, there will be three major forums including the 2020 China International Finance Annual Forum, the 2020 Global PE Beijing Forum, and the FIN-TALK High-end Dialogue between Chinese and foreign financial institutions. Discussions were conducted on topics such as the impact of the structure on institutional investors. At present, more than 80 experts and scholars from the world's top financial institutions and investment institutions have expressed their presence at the forum. (Finish)