Aerial photo taken on Oct. 24, 2019 shows a view of Lingang new area of the Shanghai free trade zone. (Xinhua/Ding Ting)
SHANGHAI, May 4 (Xinhua) -- The administrative committee of Lingang new area of the Shanghai free trade zone (FTZ) has announced that United Overseas Bank (UOB) China is expected to open in the third quarter of this year.
The landing of the first foreign bank shows that foreign investors are full of confidence in the development prospects of Lingang and China's financial market, according to the administrative committee.
UOB China said it will continue to provide one-stop financial services for Chinese and foreign enterprises with its business network strength in ASEAN, while focusing on creating cross-border financial innovation solutions with the policy advantages in Lingang. ■
Everybody may love Raymond, but Ray Romano loves Peter Boyle
Eating less meat would be good for the Earth. Small nudges can change behavior
Total solar eclipse: What's the path and what to know for Monday April 8
Vikings had windows, another shift away from their image as barbaric Norsemen, Danish museum says
Celebrity birthdays for the week of May 26
2025 Oscars: Academy Awards announces March 2 date
Review: 'Ghostbusters: Frozen Empire' clears a low bar
Archaeological site is discovered within the boundaries of Holloman Air Force Base in New Mexico
Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky
Tobacco companies using Tiktok to target young people
California congressman urges closer consultation with tribes on offshore wind
Bakery outlets close across New England and New York