To create a financial center of East China

Although the stock market volatile, but this did not hamper the enthusiasm of the financial focus on the development of Nanjing. Nanjing Municipal Government held a press conference yesterday, officially released the "financial sector development on Accelerating the views of Nanjing", the city Development and Reform Commission deputy director Yang Zhongnan at the meeting that this is the first time formally issued a document in Nanjing that "financial Jiang city "strategy, is the first official announcement will result in Nanjing in east China to play an important financial center of the city.

Paid talent is recruited to go to Wall Street

Nanjing Municipal Government, held in the 5th meeting of the city's financial work for the first time to determine the city's "Strong Financial City" development strategy, that the financial industry to become the city's economic development strategic readjustment of the most basic, the most promising direction of development. Recognizing and Shanghai, Beijing, Guangzhou, Shenzhen, Hangzhou and other cities, the city's financial sector growth is not fast enough, urgent need to increase the pace of capital markets, the municipal government issued a four supporting the implementation of measures, from the finance, policy aspects of the financial industry to promote their development.

Juyangzhongnan introduced, the municipal government will invest 20 million yuan every year to encourage enterprises to enter the capital market financing, reduce the financing costs of SMEs; to 2010, the municipal government 30 million yuan each year the financial arrangements for special funds to support them credit guarantee institutions , and the establishment of compensation mechanisms can eventually make more credit guarantee for SMEs to obtain loans from banks; the same time, the city will invest 200 million yuan, by way of equity participation and financing guarantees and other venture capital firms to support the establishment and development, decentralization of its investment risk, or even directly through equity participation targets directly to their venture to invest 1 billion yuan plan Zhengqu guide the flow of Chuang Ye Yi Shang's social capital investment in the field.

To create a financial center, support is also an important part. Yang Zhongnan said the city will strive to play in Hexi CBD caused significant financial agglomeration, the city will invest for 6 years, 50 million yuan each year to assist their development, through financial institutions, business executives and other incentives to attract banks , securities, insurance and other institutions stationed in Hexi.

Yang Zhongnan also revealed that the city plans to Wall Street and other places recruiting financial professionals, especially Chinese, to its treatment of not less than abroad.

Should be defined as "Regional Science and Education Center"

Jiangsu Province, last year proposed the "financial province" strategy has always been to become a regional financial center for the city of Nanjing on the advantage of the opportunity presented within the city should become the region's "strong financial market."

But Yang Zhongnan also admitted that the face of an important regional financial center in East China's development positioning, Nanjing also suffering from doubt, the biggest reason is 300 km from Shanghai, has been basically established domestic financial center, is the direction to the international financial center , while the Yangtze River Delta, Hangzhou is also actively building the south wing of the regional financial center.

"Exclusive financial center building does not exist." Yang Zhongnan said that from the economic development of countries in the world financial center and the formation of general laws, economic powerful country has several different levels of economic centers, such as the United States have an international financial center, New York , there are regional financial center in Chicago, Los Angeles. "Shanghai is the face of Tokyo, Seoul, Singapore, Hong Kong's competitive international financial center, and Nanjing's position is regional, can Cheng Shi for the peripheral to provide effective financial support, in a regional context and Shanghai in the complementary win-win situation. "Yang Zhongnan think.

Currently the existing 28 banks in Nanjing in five foreign banks, as well as five foreign banks are seeking to settle rather, of which the Philippine capital of banks is to adjust its headquarters from Shanghai to set up in Nanjing, Nanjing, this gives a great confidence.

However, urban construction and development of Nanjing Construction Committee of Senior Economist Lu Yulong is that cities are Nanjing-Hangzhou into a financial center is not necessary idea. "Since it is a center, at least you are in the region in first place, Nanjing-Hangzhou and Shanghai cities can not compete." Luyu Long said that this does not mean that cities do not have the financial capabilities of Nanjing-Hangzhou, it should be properly aware of their position to undermine the original advantage of the "Nanjing can use its scientific and educational advantages, will create a regional science center."