Lates News

The China Banking and Insurance Regulatory Commission has released measures to promote the implementation of the "Action Plan for Supporting the Construction of the Shanghai International Financial Center." Among them, it proposes to support eligible financial institutions to establish and approve the establishment of Friends Assurance Asset Management Co., Ltd. and Holl insurance Asset Management Co., Ltd. in Shanghai. Support foreign financial institutions to deepen their development, support eligible foreign banks to apply for bond futures and other financial business pilot projects, actively respond to the development demands of foreign institutions, and create a good business environment for foreign institutions to develop in China.