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Monday, May 6, 2024

China’s Wall Street woos Thai investors

Yuan: Raft of incentives

Chinese authorities are urging Thai businesspeople to invest in Shanghai’s Lujiazui Financial City, the largest financial zone in mainland China.

Speaking at the “Lujiazui Financial City Roadshow” in Bangkok yesterday, Yuan Yefeng, deputy director-general of the Shanghai Lujiazui Financial City Authority, said the district is often dubbed the “Wall Street of the East”, and it has cooperated with other world-class business districts such as those in London and New York.

“There are many economic zones in China, but for Lujiazui, it is the only economic zone in China that combines finance and trade together,” Mr Yuan said.

Spanning almost 32 square kilometres and housing over 6,000 financial institutions,…

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