| Five Financial Institutions in Chaoyang District Obtained Lump-sum Fund Subsidies |
| 7/15/2006 1:1:0 CBD Administrative Commission |
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On July 14, 2006, Capital Financial Development Forum was held. Li Xiaohong, Deputy Secretary-general of Beijing Municipal Government, leaders from Beijing Development and Reform Commission, State-owned Assets Supervision and Administration Commission, Finance Bureau, Banking Supervisory Board, Insurance Supervisory Board, Securities Supervisory Board as well as Chaoyang, Xicheng, Haidian, Dongcheng and other districts and counties and the chief persons of 26 financial institutions were present at the Forum. In the Forum, the leaders of the district governments honored the lump-sum fund subsidies to the representatives of these financial institutions and exchanged views with them about optimizing the financial development environment. Five financial enterprises in Chaoyang District (i.e. China Securities Co., Ltd., Aviva-Cofco Life Insurance Co., Ltd., Sunshine Insurance and Samsung Air China Life Ins. Co., Ltd.) were the first being granted the lump-sum fund subsidies amounting to RMB 43million.
Guan Sanduo, Deputy Chief Executive of Chaoyang District, Guo Huaigang, Assistant to the Chief Executive and Chang Shuqi, Vice Director of CBD Administrative Commission, were present at the Forum. Guan Sanduo stressed that Chaoyang District would concentrate on the characteristics of the new functional positioning of the Capital, actively implement the opinions and detailed rules for its financial industry development, spare no efforts in optimizing the financial development environment in Chaoyang District, accelerate CBD construction and devote together with other brother districts and counties and vast friends from business circles to the financial industry development in Beijing.
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