Beijing: a potential financial centre
October 20th, 2008
As the deteriorated global financial markets impact economies around the world, Chinese financial experts expressed that Beijing is in a good shape to reinforce its position as a global financial hub.
The Chinese capital is a promising city crowed with talents and industries with the potential for significant development.
Crucial sectors such as financial services, real estate, IT, automobile, retail and hospitality are booming.
In 2007, Beijing’s financial industry with a revenue of 128.6 billion yuan, it accounted for 20.5 percent of local economic growth.
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