The Free Trade Financial Center was
inaugurated in the Xiamen Area of China (Fujian) Pilot Free Trade Zone
on April 25, marking the launch of a free trade financial service
The financial center will offer support to the development of the financial industry in the free trade zone.
With an area of 84,000 square meters,
the center has attracted the Standard Chartered Bank, the Postal Savings
Bank of China, the China Bohai Bank and other financial firms.
Customized financial support and
one-stop service covering such things as financial service, policy
interpretation, and public administration is available from the
newly-launched free trade financial service platform.
In addition, based on the original port
inspection center, administrative service center and business center,
the service platform will integrate the free trade zone's related
industrial resources to establish a free trade financial service
The Xiamen free trade zone has attracted
more than 5,500 financial enterprises after three years' development
and has made remarkable achievements in strengthening cross-Straits
financial cooperation, promoting cross-border investment and financing,
and facilitating foreign exchange management.
Various financial service platforms have
been established in the zone, including financial leasing, gold
trading, international financial asset trading, and financial asset
The free trade zone's financial leasing
industry has seen rapid development over the past few years with leasing
assets of $6 billion, becoming China's third largest financial leasing