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The 2015 Shanghai International Internet Finance Summit Forum kicks off in Shanghai's Jiading district on June 6. [Photo/jiading.gov.cn] |
The 2015 Shanghai International Internet Finance Summit Forum kicked off in Shanghai's Jiading district on June 6. More than 500 industry delegates participated in the forum to discuss opportunities and challenges brought by the Internet finance. A launch ceremony for the Internet Finance Credit Reporting Center in Shanghai Finance Valley also took place at the forum.
Shen Huadi, the deputy head of the district, delivered a speech at the forum. He said Jiading aimed to take five to 10 years to grow itself into a cluster area for the new financial industry, listed enterprises' headquarters and financial service industry in the Yangtze River Delta.
Jiading has also set up a venture fund valued at 1.2 billion yuan ($200 million), which has attracted more than 1,000 fund and management companies and invested in over 100 enterprises in the district. It encourages and guides enterprises to enter the capital market and accelerate the incubation and cultivation of an Internet financing park. So far, Jiading has over 1,500 innovative financial enterprises, which promoted the development of local technology enterprises.
Edited by Mevlut Katik