Financial
Enviroment
Chengdu has established its status as the
regional financial center with most
complete types and numbers of financial
institutions. The exchange volume of the financial institutions
in Chengdu ranks the first among the cities in western
China, and the stock turnover ranks the third in China
only after Shanghai and Shenzhen. So far, 13 foreign-funded
financial institutions have established their own representative
offices and sub-branches in Chengdu. The People's Bank
of China, China Banking Regulatory Commission, China Securities
Regulatory Commission and China Insurance Regulatory Commission
have established their own big regional sub-branches and
agencies in Chengdu supervising the business exchanges
of banks, securities and insurance in southwestern China.