Tianjing, China's New Wall Street?

Tianjing, China's New Wall Street?
Aug 27, 2007 02:21
JIMMYB Points: Join Date: Feb 7, 2007 Status: offline	An article in Forbes said that Tianjing would become the New Wall Street in China in the near future. Recently, the government chose Tianjing as the pilot city to allow the individuals to do investment in the Hong Kong stock market. This move will surely foster the finance development of Tianjing. In the past, Tianjing was the conduit for the domestic and foreign goods to the world. Now it will become another financial center in China for overseas capital transactions. In 2006, the government declared that the city with a population of 12 million will be developed into a economic zone, the same with Shenzhen and Shanghai. In addition, Dai Xiangrong who is the mayor of Tianjing once was the president of central bank. He is the best candidate to finish the task. Like the Pudong area in Shanghai, Tianjing also has its Binghai New Area. Compared with Pudong area, Binghai New Area will be developed to an international financial center. Many investment companies and banks have settled down in this area. However, Shanghai mainly serves for the domestic enterprises and companies, which is the financial center of China. In the future, Tianjing will be the financial center of North compared with Shanghai, the center of South. The glory of Tianjing in history is gradually being returned.

Aug 27, 2007 02:21

JIMMYB
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Join Date: Feb 7, 2007
Status: offline

An article in Forbes said that Tianjing would become the New Wall Street in China in the near future. Recently, the government chose Tianjing as the pilot city to allow the individuals to do investment in the Hong Kong stock market. This move will surely foster the finance development of Tianjing.

In the past, Tianjing was the conduit for the domestic and foreign goods to the world. Now it will become another financial center in China for overseas capital transactions. In 2006, the government declared that the city with a population of 12 million will be developed into a economic zone, the same with Shenzhen and Shanghai. In addition, Dai Xiangrong who is the mayor of Tianjing once was the president of central bank. He is the best candidate to finish the task.

Like the Pudong area in Shanghai, Tianjing also has its Binghai New Area. Compared with Pudong area, Binghai New Area will be developed to an international financial center. Many investment companies and banks have settled down in this area. However, Shanghai mainly serves for the domestic enterprises and companies, which is the financial center of China.

In the future, Tianjing will be the financial center of North compared with Shanghai, the center of South. The glory of Tianjing in history is gradually being returned.

Aug 27, 2007 22:55	#1
ZOEY Points: Join Date: Nov 29, 2004 Status: Offline	WIth the help of the central government, Tianjing will surely be developed into the New Wall Street and the financial center of North. Sooner or later, Tianjing will revive its glory in history.

Aug 30, 2007 22:05	#2
DYLAN0428 Points: Join Date: Aug 30, 2007 Status: Offline	no way gasconade

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