During the first international forum on the development of the
Yangtze River delta area held on December 1, top leaders from
Shanghai, Jiangsu and Zhejiang agreed upon a goal of building an
urban agglomeration with strong innovation capacity and sharp
competitive edges in the Yangtze River delta area. The goal
especially emphasizes the construction of a financial city circle
inside this area. This step is viewed as a breakthrough toward
balancing Shanghai's financial development with its neighboring
provinces.
Additionally, on the previous day, senior leaders from Shanghai,
Jiangsu and Zhejiang signed an agreement with the deputy governor
of the People's Bank of China to promote the financial development
of the Yangtze River delta area. This marked the official launch of
the financial integration of the area.???
For more details, please read the full story in Chinese. (
http://www.caijing.com.cn/home/todayspec/2007-12-02/39957.shtml)
(China.org.cn December 3, 2007)
