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在线翻译:
szdaily -> Business
Finexpo highlights fintech, Bay Area projects
    2017-November-6  08:53    Shenzhen Daily

Zhang Yu

JeniZhang13@163.com

THE 11th Shenzhen International Financial Exposition (Finexpo) kicked off at the Shenzhen Convention and Exhibition Center yesterday, alongside the Third China (Shenzhen) Financial Management Forum themed “Fintech Engine of the Bay Area.”

As the integration of technology and finance is a major trend in the financial industry, this year’s expo has set up a fintech area showcasing the newest achievements and developments in the cross-over of the finance and technology fields.

Tencent, a leading Internet enterprise based in Shenzhen, has debuted at this year’s expo, serving as a representative of the fintech sector.

In addition, as Shenzhen plays a pivotal role in the Guangdong-Hong Kong-Macao Greater Bay Area, a specific exhibition area has been set up to display the interaction between financial activities taking place in the area.

At the Bay Area doctors’ forum, more than 100 doctors, lawyers, accountants and professionals from the mainland and Hong Kong have gathered for a discussion about promoting shared resources and the sharing economy.

“This year’s expo’s aim is to present three highlights, namely, the role financial services play in the real economy, financial risk prevention, and the leading role of the Guangdong-Hong Kong-Macao Greater Bay Area,” said Huang Shifang, deputy director of the city’s council for the promotion of international trade.

The three-day expo, one of the three largest financial expositions in China, has attracted nearly 300 financial institutions and almost 1,000 entrepreneurs from home and abroad.

Banks, securities companies, insurance companies, Internet finance companies and investment funds exhibited their achievements and latest financial projects at their booths.

Shenzhen’s financial industry has been growing steadily over the years. In the first half of 2017, the added value of Shenzhen’s financial industry reached 148.96 billion yuan (US$22.4 billion), accounting for 15.3 percent of the city’s GDP. By the end of 2016, the total assets of Shenzhen’s financial industry was 12.7 trillion yuan, ranking third nationwide only after Beijing and Shanghai.

 

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