| The headquarters of international finance enterprise quickly gather in Beijing CBD |
| 4/10/2006 1:1:0 CBD Administrative Commission |
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On March 30th, 2006, Beijing CBD went to Hong Kong to hold "CEO Seminar on Finance Industry Development of Beijing CBD¡± successfully, which displayed the good development prospect of money market and the superior investment environment in Beijing CBD. It caused the Beijing CBD to become the focus area that the headquarters of domestic and foreign financial enterprises would pay attention and select location once more. Recently, a batch of financial enterprises will swarm into the Beijing CBD and the peripheral area. CNP Assurance Company has entered into Rouy Chai International Building, the world second largest reinsurance company Swiss Re¡¯s Beijing Branch has moved into Beijing CBD, Jingneng Finance Company has located in CITIC Building, headquarters (HQs) of financial enterprises, for example, Zurich Insurance Company, New China Holdings Limited as well as CITIC Construction Securities Co., Ltd. and some other financial companies have become the new large taxation enterprises in the Beijing CBD; the Standard Chartered Bank and the Citibank have set branches in Beijing CBD to develop their business; in addition, at the beginning of this year, such headquarters of financial enterprises as the Aviva-COFCO Life Insurance Co., Ltd. well up into the Beijing CBD, General China Life Insurance Co., Ltd., the Samsung Air China Life Ins. Co., Ltd., Sunshine property and Casualty Insurance Company Limited., PICC Property and Casualty Company Limited and others financial companies swarmed into the Beijing CBD, which the development of international finance industry in the Beijing CBD has entered the brand-new stage that the headquarters gather to develop from the stage that the representative agencies converge.
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