Upping the ante in cross-border investments

The Shanghai Lujiazui Financial City and the City of London Corporation have agreed to jointly explore cross-border investment opportunities after a round table discussion between the two parties.

The conference, held in Shanghai in June, was attended by the heads of several well-known financial institutions from both home and abroad.

Cao Hongying, deputy director of China (Shanghai) Pilot Free Trade Zone (FTZ) administration, had reviewed during the conference the FTZ's development over the past three years and shared the latest developments that aim to turn Shanghai into an international financial center as well as hub for cross-border investment.