BEIJING, May 12 (Xinhua) -- The unveiling ceremony of Beijing Daxingzimao Sub-branch of Agricultural Bank of China was successfully held in the Daxing Airport Area of China (Hebei) Pilot Free Trade Zone on Monday, according to a report by the Beijing News.
The Hebei FTZ Daxing Airport Area was officially inaugurated as China's only cross-provincial FTZ pilot area on August 31, 2019. Covering an area of 9.97 square kilometers, the Beijing section serving Beijing, Tianjin and Hebei is a magnet for international firms specialized in aviation logistics and aviation technology.
During the development of the FTZ, more financial demand will be generated along with the policy support for financial industry and institutions by government in the area.
As the first bank established in Daxing Airport Area, it has obtained the name approval and administrative license approval within 15 working days, and the business license was chartered on the second day after application which fully reflected the efficient administrative service and high-quality business environment of the zone.
The Beijing Branch of Agricultural Bank of China has continuously engaged in serving the Daxing Airport Area. It has issued fixed assets loans of 5 billion yuan for the Yufa Industrial Park retreat renovation project and the Airport economic zone development and service center project.
In the future, Agricultural Bank of China will continue to provide financial support to the Daxing Airport Area construction and provide financial services to boost its development. (Edited by Gao Jingyan with Xinhua Silk Road, gaojingyan@xinhua.org)
A single purchase
