uangxi’s plan on fina上海419-up gateway for

uangxi’s plan on fina上海419-up gateway for

The pilot plan also includes construction of a higher education cluster and synergetic platform which integrates production, teach

The Nanning municipal government and the financial supervision admini上海419

stration of Guangxi Zhuang autonomous region officially issued the Construction Plan of the

上海419品茶微信Financial Opening-up Gateway Nanning Core Area for ASEAN (2019-2023) on July 7.

The plan shows that Guangxi will strive to establish a regional leading financial industrial structure a

nd a distinctive financial industry functional system by 2023, as well as complete the上海419

 basic construction of Nanning Core Area, which will serve as the financial opening-up gateway for ASEAN.

上海419品茶微信The plan is divided into six parts, with the scope covering 2.6 square kilometers of Nanning Wuxiang New District and the sur

rounding areas. The key issues are divided into 121 items in 21 sectors. It requires the integration of financial ins

titutions’ business formats and functional types, as well as the construction of financial headquarters, fin上海419

ancial information service areas, financial operation service areas, and science and technology financial industry zones.

The plan focuses on Nanning Core Area, establishing an insurance innovation comprehensive experim

上海419品茶微信ental pilot zone, as well as a green finance reform and innovation demonstration zone. It will bu

ild a regional RMB offshore financial center, regional currency transaction clearing center, as well as a cross-border inv

estment and financing service center. It will create a financial 上海419品茶微信back-office service base, wealth management service base, financial information se

rvice base, and financial exchange training base. It will form a China-ASEAN commodity spot trading market, gold ind

ustry trading market, regional equity investment market, regional property rights trading market, and capital cu

上海419品茶微信ltivation service market. It will improve the area’s building supply, inte

rmediary service, credit reporting service, living service, talent support, and business environment.

The planning period is 2019-2023 and is clearly implemented in three phases: the first phase will be fully launched in 2019; the s上海419

econd phase will be effective by early 2020; and the third phase will be completed by 2023.上海419品茶微信

In the future, Nanning will fully build Nanning Core Area, striving to take the lead in achievi

ng key policies, major projects, and key supporting projects to provide an open financial gateway for ASEAN .

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