On the afternoon of June 28, Mr. Shao Yaliang, CEO of SIG, met Mr. Mark Boleat, Chairman of the Policy and Resources Committee of the Financial City of London UK, and his delegation. Both sides friendly exchanged views on Sino-UK cooperation in finance, investment and other areas.

Located at the center of London, the Financial City of London serves as the economic heart for UK as well as the globally leading center for finance, business and economy, where you can find the largest foreign exchange market, the international insurance market, the oldest stock exchange, and the gold market.

During the meeting, Mr. Shao Yaliang firstly extended welcome to the visits by Mr. Mark Boleat and his delegation and gave a detailed introduction on SIG’s strategic development positioning, businesses layout, strategic management and control models and other topics. He said in the past few years, SIG had been exploring and practicing overseas development; currently, SPDB had set up a branch in Hong Kong, and SIG and Guotai Junan had Hong Kong branches respectively too; recently, Sailing International Investment Fund set up Hong Kong Sailing Asset Management Co. in Hong Kong; Shanghai Trusts and other affiliated companies were planning to go global. He claimed in the future both sides should strengthen exchanges; SIG could learn from the Financial City good experiences and mechanisms; in particular, SIG could strengthen collaboration with the Financial City on overseas investment, offshore issue of RMB bonds, the building of Shanghai’s Financial center and other important research topics.

As the Chairman of the Policy and Resources Committee of the Financial City of London, Mr. Mark Boleat is in charge of strategic planning, resource allocation, and policy-making. Meanwhile, as a member of the International Advisory Committee for Shanghai Financial Center Promotion Leading Group he has paid attention to SIG for long time. During the meeting, Mr. Mark Boleat firstly expressed appreciation to Mr. Shao Yaliang for his reception and introduction. He said the Financial City of London had a history of hundreds of years and enjoyed various advantages, while facing the challenges on how to attract more new institutions. The Financial City of London can provide a full range of professional services for those Chinese financial institutions including SIG interested in expanding businesses to London and the UK as a whole.

Also present were Mr. Wen Yuechun, Vice Executive Head of SIG’s Financial Development Research Institute, Ms. Ma Haiyan, Head of SIG’s Administration Dept., Ms. Angela Lynch, China and India Affair Officer for the Government Economic Development of the Financial City of London, and Mr. Liu Yuelan, Chief Representative of Shanghai Office for the Financial City of London.