男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Economy

Shanghai to benefit from new bank's HQ

By WEI TIAN in Shanghai, CHEN WEIHUA in Washington and AMY HE in New York (China Daily) Updated: 2014-07-17 04:14

Institution to provide business opportunities to Chinese investors

The newly established BRICS development bank, to be headquartered in Shanghai, will help the city realize the aspiration of becoming a global financial center, experts said.

"It's the first time a major international institution will be headquartered in Shanghai. It signals that the city's financial services are of a global standard," said Chen Bo, an economist at Shanghai University of Finance and Economics.

Shanghai to benefit from new bank's HQ
BRICS bank to be headquartered in Shanghai 

Shanghai to benefit from new bank's HQ
BRICS leaders hail outcome of first-day summit

Brazil, Russia, India, China and South Africa, or BRICS, announced the founding of the New Development Bank on Tuesday during a summit in Brazil.

The new bank reflects the growing influence of BRICS, which accounts for almost half the world's population and about one-fifth of global economic output.

It will have an initial subscribed capital of $50 billion equally shared among the founding members, and will support infrastructure and sustainable projects in developing countries.

Chen said the bank will greatly benefit Shanghai as intergovernmental loans bring in more commercial transactions. Favorable policies expected to be launched in the experimental Shanghai Free Trade Zone will help create a hospitable business environment.

In June, the biggest bank in Latin America, Banco do Brasil, decided to upgrade its office in Shanghai to a branch, to tap into opportunities emerging from expanding trade and investment between the two nations.

Chen said expanding business relations among BRICS countries lays a solid foundation for Shanghai to build itself into a global financial center by 2020.

Ye Yu, a researcher at the Shanghai Institute of International Studies, said the city's infrastructure, security and business climate are incomparable among other BRICS cities, making it the first choice as a venue for the bank's headquarters.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 河津市| 邢台县| 绿春县| 庄浪县| 繁昌县| 乐都县| 万安县| 开阳县| 车致| 龙南县| 那曲县| 阿荣旗| 含山县| 临桂县| 南华县| 柳江县| 邻水| 区。| 浦北县| 惠东县| 盐津县| 安顺市| 革吉县| 滦平县| 江城| 延川县| 思茅市| 社旗县| 宁远县| 安远县| 芜湖县| 尼木县| 天长市| 平山县| 岗巴县| 长沙市| 绥化市| 长治县| 新河县| 宝鸡市| 永寿县|