On the morning of April 26th, the "Hainan Free Trade Port Financial Roundtable and Hainan Free Trade Port Policy Exchange Conference" jointly organized by the Hainan Provincial Financial Supervision Bureau and the Hainan Provincial Council for the Promotion of International Trade was held at the Global Trade Window. More than 40 representatives from the US financial services industry, provincial financial bureaus, financial institutions, and businesses attended the meeting. Fan Wenshu, Minister Commercial Counsellor of the United States Ambassador to China in China, and Chen Yang, Director of the Provincial Financial Supervision Bureau, addressed the meeting, and Chen Hongliang, Vice President of CCPIT Hainan Council, presided over the meeting.
Ambassador Fan stated that American companies are eager to further expand their business in China and seek business opportunities at the Hainan Free Trade Port. I hope that through this event, we can promote mutual understanding, deepen cooperation, and leverage the opportunity of Hainan Free Trade Port to provide win-win cooperation opportunities for enterprises in China and the United States.
Director Chen Yang pointed out that the construction of Hainan Free Trade Port cannot do without the high-quality development of the financial industry. Hainan's financial industry will closely focus on the liberalization and facilitation of service trade and investment, and continue to accelerate the pace of opening up and innovation. With more and more multinational enterprises investing and operating in Hainan, it provides development opportunities for foreign financial enterprises. We hope that both parties can cooperate in international business and bring advanced experience and practices.
At the meeting, the Economic Development Bureau, Hainan Provincial Financial Supervision Bureau, HSBC Haikou Branch, and Ruilian Private Equity Fund respectively delivered speeches on the core policies of Hainan Free Trade Port, opportunities for financial openness, and the experience of foreign financial institutions in landing.
Bloomberg, Standard&Poor's, Jumio, Midwest America to China Business Council and other institutions introduced their business and expressed their desire to strengthen cooperation in the financial field with Hainan Free Trade Port. The institutions of both sides had in-depth interaction and exchanges on topics such as QDLP and QFLP, credit rating, offshore RMB market, green finance and other topics.
The relevant leaders of the People's Bank of China Haikou Central Branch, Hainan Agricultural Reclamation Investment Holding Group Co., Ltd., Hainan Development Holding Co., Ltd., Hainan Bank, Hainan Transportation Investment Holding Co., Ltd., Hainan Financial Holding Co., Ltd., Bank of China Hainan Financial Research Institute and other provincial institutions attended the meeting.
The delegation also visited the leaders of the Haikou Municipal Government, held discussions and exchanges with Haikou City for investment promotion, visited the Fuxing City Industrial Park, Jiangdong New Area, and communicated with the park and settled enterprises. A series of activities helped foreign financial enterprises gain a deeper understanding of the financial industry policies of the Free Trade Port from multiple perspectives, and increased their attention and investment willingness to Hainan.
Vice President Chen Hongliang stated that the potential for economic and trade cooperation between Hainan and the United States is enormous. This year is a crucial year for the closure and operation of Hainan Free Trade Port. Foreign enterprises, including US funded financial institutions, are welcome to participate in the construction of Hainan Free Trade Port. As an official trade and investment promotion agency, the Hainan Provincial Council for the Promotion of International Trade has been committed to promoting economic and trade exchanges and cooperation between Hainan and various countries and regions around the world, building bridges for economic and trade exchanges. In the future, it will continue to strengthen economic and trade exchanges and cooperation between Hainan and the United States through various means, and promote the construction and development of Hainan Free Trade Port.
