The City of London to set up Advisory Council for China

09:00, October 29, 2010      

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Nine distinguished leaders from the Chinese financial services sector will be joining the first ever City of London Advisory Council for China next month.

The advisory council, set up by the City of London Corporation and led by its Policy Chairman Stuart Fraser, aims to guide the City of London's engagement with China.

Members of the City's Advisory Council include Li Jiange, Chairman of China International Capital Corporation, Liu Mingkang, Chairman, China Banking Regulatory Commission and Ma Weihua, CEO of China Merchants Bank, they will serve pro bono in an unpaid capacity.

The inaugural meeting of the City of London Advisory Council for China will take place at the Guildhall on November 1.

Policy Chairman Fraser said: "It is the City of London's aspiration that its engagement with China promotes partnership and a two-way exchange of trade and investment in financial and professional services. The creation of this Council is a significant step towards achieving this by providing a platform for high level engagement between policymakers and key industry players in both countries."

The City of London is the world's leading international financial and business centre. It has established a City of London Advisory Council for India to help shape its engagements with India.

Source: Xinhua


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