China's 2021 service expo attracts more international financial firms
More and more foreign financial institutions are set to attend the 2021 China International Fair for Trade in Services (CIFTIS) as China kicks off its $56 trillion financial services industry.CIFTIS will host 43 foreign financial institutions at the 2020 Financial Services Exhibition, and this year, another 16 have been added. The exhibition will take place in Beijing from September 3 to 7.
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Organizers told media on Monday they aim to create an exchange platform to discuss international finance and a policy liberation platform for financial services.This year, a total of 143 financial institutions registered for the event, including 84 domestic companies. International names include Morgan Stanley, Mastercard and DBS Bank.Will be the second time at Morgan Stanley will attend the CIFTIS exhibition at the 2020 event.
The New York-headquartered investment bank showcases its achievements in China since 1993, closely following the liberalization process of the country's financial industry.Morgan Stanley is a witness and beneficiary of China's financial liberalization, Morgan Stanley Bank International (China) chairman Dong Gang told reporters on Monday.We are encouraged by the opening of China's financial markets