Nansha sees harvest at intl financial expo

The plaque unveiling ceremony of four newly established financial services institutions and platforms during the expo. [Photo by Li Xiatong/gznsnews.com.cn]

The 9th China (Guangzhou) International Finance Expo (GIFE) was held from Sept 24 to 26 in Guangzhou. A total of 65 industry and finance integration projects were signed during the fair, with an overall intentional contract amount of more than 400 billion yuan ($58.83 billion).

In addition, four newly established financial services institutions and platforms unveiled their plaques at the expo.

Three out of the four institutions and platforms have settled down in Guangzhou's Nansha district, namely the Shanghai Stock Exchange's (SSE) capital market service base for the Guangdong-Hong Kong-Macao Greater Bay Area, the Guangzhou commercial factoring association, and a financial service platform for Guangzhou's shipping supply chain.

Jointly built by SSE, the Guangzhou financial supervision and management bureau, as well as the Administrative Committee of the Nansha Development Zone, SSE's capital market service base is expected to become a comprehensive service platform that makes full use of SSE's professional advantages and Nansha's geographic location. 

Nansha has also welcomed two major projects during the expo to further develop cross-border exports and commercial spaceflights.