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By the end of last month, 10 Belt and Road bonds issued on the Shanghai bourse had raised 15.3 billion yuan (US$2.22 billion) to fund China’s massive infrastructure initiative.
China’s securities regulator in March granted domestic and overseas companies the rights to issue bonds through the Shanghai and Shenzhen stock exchanges to fund the Belt and Road Initiative.
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Government-backed institutions in Belt and Road countries can issue such bonds in China.
This financial innovation is conducive to broadening the direct financing channels for projects along the Belt and Road and reflects the spirit that the financial sector serves the real economy.
The Shanghai Financial Services Office yesterday unveiled the ninth batch of cases showcasing financial innovation in the city’s pilot free trade zone.
And the newly launched international reinsurance platform by the Shanghai Insurance Exchange provides efficient and convenient cross-border funds clearing and settlement services for both domestic and foreign reinsurance enterprises through a free trade account.
Contact Tannet
Tannet Company Tel: 86-21-68877368 fax: 86-21-58402186 mobile: 18101640557
Tannet website: www.onobbb.com email: 2355725117@qq.com
Shanghai address: block F, 15th floor, world plaza, no. 855 pudong south road, pudong new district, Shanghai, China
The Hong Kong address of Tannet corporation: room 702-703, 7 / f, sihai tower, 208-212 Nathan Road, Jordan, Kowloon, Hong Kong