BEIJING, Dec. 3 (Xinhua) -- Beijing is planning to create a wealth management center in Tongzhou District, the sub-center of Beijing, to facilitate wealth management development and improve the attraction of the sub-center.
Wealth management industry has become an important part of financial industry in recent years. A wealth management center with international competitiveness and regional influence will be built in the city's sub-administrative center to improve the entire industrial chain of the wealth management, said Yin Yong, deputy mayor of Beijing.
The wealth management center will be located in canal business district of Tongzhou Distrcit. The construction of infrastructure such as integrated pipe corridors has been basically completed, and 16 development projects of the first phase have started to attract investment.
Major banks including Bank of China, Industrial and Commercial Bank of China have settled down here, and a number of financial institutions such as Beijing International Fintech Park have officially settled in.
It is reported that Tongzhou District will build a high-end business segment focusing on wealth management, technology finance, green finance, corporate headquarters and professional service organizations in the future.
(Edited by Bao Nuomin,baonuomin@xinhua.org)
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