As China moves up plans to further open finance sector, Swiss Center Shanghai welcomed on August 3 the IFZ delegation organized by Lucerne University together with the Swiss Private Equity & Corporate Finance Association (SECA), on a study tour exploring the prospect of further inclusion of Chinese banking and finance markets in the global markets.
Our CEO Zhen XIAO presented to the group the business and labor landscape in China – a boon for Switzerland, illustrating his points with findings from our soon-to-be-published 2018 Swiss Business in China Survey, co-conducted with the CEIBS. He also underlined the development and potential of China Pilot Free Trade Zones (FTZ) in nurturing free trade and foreign businesses, among which Steinway & Sons and GF Machine Solutions, both Asia Pacific headquarters in the FTZ, the delegation paid a visit. The other site they included was the FTZ Art Exchange Center.
Another highlight of the day was at a wine bar and kitchen where the delegation were immersed by the presentation by Mr. Felix Moesner, CEO of swissnex China. The comprehensive tour was closed by a relaxing networking session at a hotel rooftop bar.