Xiangzhou District, Zhuhai

Face-to-face conversations were held between Xiangzhou entrepreneurs and bankers at a large meeting on March 29 to balance supply and demand through direct information exchange.

The event was organized by the Xiangzhou District Financial Service Center. A communication platform was established between 100 participating business representatives and bank officers with the former stating their companies' financial requirements and the latter introducing their latest corresponding bank products and policies.

A government-sponsored meeting is held on March 19 in Xiangzhou District where bankers offer to help address local companies’ financial issues by introducing suitable products.

The financial industry has remained the driving force behind socioeconomic development in Xiangzhou. The district is currently home to 40 banking institutions, about 70 percent of Zhuhai's total number. They achieved a year-on-year increase of 7 percent in deposit balance of domestic and foreign currency to 489.2 billion yuan ($78 billion) last year, accounting for about 71 percent of the total funds on deposit in the city.

There is no surprise that the district recorded 13.3 billion yuan ($2.1 billion) of the added value of the financial industry last year which was a year-on-year increase of 7.1 percent and accounted for 11.2 percent of Xiangzhou's GDP.

Officials have pledged strengthened efforts to make this platform bigger and better, and to ensure that local enterprises will have access to improved government and financial services.

More than 100 business representatives and bank officers take part in the event, hoping to build up company-bank ties. [Photos by Cheng Lin / Zhuhai Daily]