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Party Secretary Li meets UBS delegation
From:Shine  |  2019-01-09 18:36

Shanghai Party Secretary Li Qiang met Axel Weber, chairman of the board of directors of Union Bank of Switzerland (UBS), and his delegation on Tuesday.

Li said the finance industry is an important sector for both China and Shanghai to deepen the opening-up and reforms. The city will keep opening its finance industry wider to the outside world as it bids to attract more financial institutes.

UBS is a contributor to the development of the city’s finance industry and its strategic development goals dovetail nicely with Shanghai’s efforts to build the city into an international financial center, Li added.

The city welcomes UBS to further exert its advantages and share its financial experience and carry out more cooperation. Shanghai will keep providing better service and financial environment to support UBS’s operation.

Weber said that since UBS set up its Shanghai office in 1989 it has witnessed the city’s impressive achievements. It has great faith in the city and will keep increasing investment and promote more foreign capital to enter the Chinese markets, while helping more Chinese companies to branch into foreign markets.

Zhuge Yujie, secretary-general of the CPC Shanghai Committee, also attended the meeting.

Shanghai Party Secretary Li Qiang meets Axel Weber, chairman of the board of directors of Union Bank of Switzerland (UBS).