The governments of Shanghai, Jiangsu and Zhejiang Province inked a cooperation memo yesterday with the People’s Bank of China at a joint conference of the first financial forum for the Yangtze River Delta in Nanjing.
The People’s Bank of China pledged to boost the credit system in the Yangtze River Delta according to the memo by effectively supervising the delta’s financial credit.
The two-day forum focused on financial exchange and economic integration in the Yangtze River Delta, covering fields of interest investment, mergers, financing, industry integration and foreign exchange management.
Officials from 16 municipal governments in the delta and more than 300 scholars and experts from financial institutions, regular institutions of higher learning, research institutes or enterprises attended the forum to promote the coordinated development of the economy in the area.
