Shanghai Mayor Gong Zheng meets with Standard Chartered Group CEO Bill Winters

Shanghai Mayor Gong Zheng met today with Standard Chartered Group CEO Bill Winters and his delegation. Gong Zheng stated that the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China has just concluded, making systematic plans and strategic deployments for economic and social development over the next five years. Shanghai will continue to focus on the "Five Centers" as its main direction, accelerating the construction of a world-influential socialist modern international metropolis. Statistics show that Shanghai's GDP grew by 5.5% year-on-year in the first three quarters, and the long-term positive fundamentals of Shanghai's economy and the trend of high-quality development remain unchanged. Foreign-funded enterprises continue to increase their layout in Shanghai, and business entities are full of confidence in Shanghai's development. Finance is one of the most important urban functions of Shanghai, and we are deeply implementing high-level financial opening-up to build a first-class international financial center. Achieving this goal relies on the active participation of international financial institutions. Standard Chartered Group has a deep-rooted connection with Shanghai, and we look forward to deepening mutually beneficial cooperation to achieve win-win development. We welcome Standard Chartered to increase its investment layout in Shanghai, to carry out innovative financial business in-depth, to strengthen financial support for Chinese enterprises going abroad, and to actively participate in the 8th China International Import Expo. Shanghai will continue to create a first-class business environment and support international financial institutions to achieve greater development in the city