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The mobilization and deployment meeting for the construction of Jiangsu Yangtze River Industrial Financial Cluster Zone has been held.

On January 19th, a mobilization and deployment meeting for the construction of Jiangsu Yangtze River Industrial Financial Cluster was held in Jiangbei New District. The meeting called on all staff in the new district to unite as one, work diligently and strive for excellence, closely focusing on the main line of high-quality financial development, and promoting the construction of Jiangsu Yangtze River Industrial Financial Cluster to start well, achieve good results and produce tangible effects. Gu Gonghui, the executive deputy director of the Provincial Financial Affairs Office and the director of the Provincial Local Financial Administration, Lu Weidong, the Party Secretary and Director of Jiangbei New District and Pukou District, Tang Zhixin, the deputy director of the Party Committee and Vice Governor of the People’s Bank of China Jiangsu Branch, Duan Rui, the deputy director of the Party Committee and Deputy Director of the Jiangsu Financial Regulatory Bureau, and Bi Qingfeng, the Party Committee member and Deputy Director of the Jiangsu Securities Regulatory Bureau, attended the meeting.

Finance is the lifeblood of the national economy and an important component of regional core competitiveness. In December 2024, the provincial committee and the provincial government issued the “Opinions on Supporting the High-Quality Construction of Nanjing Jiangbei New Area”, clearly stating that “encourage the establishment of new financial institutions and specialized companies, strengthen new financial forms such as technology finance, green finance, and digital finance, and build the Jiangsu Yangtze River Industrial Finance Cluster Area” “guide provincial strategic emerging industry special funds and other government investment funds and their sub-funds, as well as provincial state-owned financial enterprises to establish public offering funds, build a fund cluster area”. Last September, the provincial local financial administration, the People’s Bank of China Jiangsu Branch, the Jiangsu Financial Regulatory Bureau, and the Jiangsu Securities Regulatory Bureau jointly issued the “Implementation Plan for the Construction of Jiangsu Yangtze River Industrial Finance Cluster Area”, pointing out the direction and path for the high-quality construction of the Jiangsu Yangtze River Industrial Finance Cluster Area by the new area.


Lu Weidong said that building the Jiangsu Yangtze River Industrial Finance Cluster Area is not only a glorious mission assigned to the new area by the province and the city, but also a major opportunity to fully leverage the integrated advantages and jointly build an industrial powerhouse and the new main city of Jiangbei. The new area should raise its political standing, deeply understand the significant meaning of the construction of the Jiangsu Yangtze River Industrial Finance Cluster Area, systematically build a modern industrial finance ecosystem centered on “four bases and eight pillars and one center”, and create an innovation source and resource gathering area for industrial finance. Focus on key areas, build a solid foundation, shape core advantages, and strengthen strong support for the high-level construction of the fund cluster area, and comprehensively promote the construction of the Jiangsu Yangtze River Industrial Finance Cluster Area. Strengthen organizational guarantees, implement leadership responsibilities, deepen collaborative cooperation, highlight talent attraction and cultivation, and build a secure defense line. Widely gather the strong synergy for the construction of the Jiangsu Yangtze River Industrial Finance Cluster Area.


Gong Haibin said that the Jiangbei New Area enjoys the unique advantage of “dual integration” of national-level new area and free trade zone, and is an important base for scientific and technological innovation and industrial innovation. Here, planning and constructing the Jiangsu Yangtze River Industrial Finance Cluster Area at a high starting point carries the earnest expectations of the provincial committee and the provincial government for further deepening financial reform, promoting the deep integration of “two innovations”, and accelerating the cultivation of new quality productive forces. It is not only a key leap for the new area to enhance its level, but also an important move in the construction of a strong finance province in Jiangsu. It is hoped that the new area will take the lead in technology finance, create a model in green finance, and explore new paths in digital finance.

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Erick Garcia

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