NYSE Beijing office signs 14 agreements and memoranda

Chinese vice-Premier Wu Yi, U.S. Treasury Secretary Henry Paulson, China Securities Regulatory Commission Vice chairman Tu, Beijing vice mayor of Jilin, New York City Mayor Bloomberg, New York Pan-European Exchange Group chief executive Duncan　　At the opening ceremony of the New York Stock Exchange Beijing Representative office, the New York Stock Exchange Beijing Representative office opened yesterday in Beijing. Chinese and American dignitaries such as Vice Premier Wu Yi and U.S. Treasury Secretary Henry Paulson attended the opening ceremony at the Diaoyutai State Guesthouse and cut the ribbon.　　Tu, vice chairman of China Securities Regulatory Commission, said the opening of the NYSE Beijing Representative Office was an important achievement of the strategic economic Dialogue between China and the United States, an important symbol of the accelerating opening-up process in the Chinese capital market and a new channel and window for the Sino-US securities market cooperation.　　Tu said that the opening of the New York Stock Exchange Beijing Representative Office is an important outcome of the strategic Economic Dialogue between China and the United States, and believes that strategic economic cooperation between China and the United States will certainly have a better prospect as long as the principles established in the strategic Economic Dialogue between China and the United States promote cooperation, including capital Second, the opening of the New York Stock Exchange Beijing Representative Office is also an important sign of the accelerating opening-up process in China's capital markets. After China's entry into WTO, the process of opening up to the outside world in recent years is speeding up, and the field and scope of opening-up are expanding. In this process, China's capital market has been absorbing the achievements of opening to the outside world, which has promoted its development, and international peers have been sharing the fruits of China's reform and opening-up through the opening-up of China's capital market. "We are very pleased to see that American peers play an important role in the opening up of capital markets, both in joint-venture securities companies, in joint venture fund management companies and in the field of QFII, where American companies occupy a very important position."　　"Tu said. He also pointed out that the opening of the New York Stock Exchange Beijing Representative Office, also means that the Sino-US securities market cooperation has a new channel. In recent years, Sino-US capital market cooperation and exchanges continue to expand, from the regulatory agencies, exchanges to the industry at all levels of cooperation to continue to advance.　　The opening of the New York Stock Exchange Beijing representative office, as a very important global market Manager, provides more windows and channels for the future cooperation of the two countries ' capital markets. "This October, I have just visited the New York Stock Exchange to learn about the latest developments in the NYSE," he said. "On the trading floor of the NYSE, I had a pleasant conversation with a trader," Tu said as he recalled the day before the New York exchange. The trader told me that various foreign investors, including hedge funds, are very bullish on Chinese companies ' stocks. I told him that hedge funds might further discover the potential of Chinese companies, and that future investors will find more Chinese companies landing in the NYSE.　　"On behalf of the CSRC, he expressed his heartfelt congratulations to the opening of the Beijing representative Office of the NYSE, and wished the representative to continue to make new breakthroughs in its future development," he said.The China Securities Regulatory Commission (CSRC) announced September 4 this year that it approved the establishment of a representative office in China by NYSE Euronext, the New York Stock Exchange, which became the first foreign exchange to be approved to set up a representative office in China. As of yesterday, a total of 17 companies from Greater China had been traded on the NYSE, including 15 IPOs, this year.　　There are 36 mainland Chinese companies listed on the NYSE, with a total market value of $1.5 trillion.　　On the same day, the 18th session of the Sino-US Joint Commission will be held in Beijing. Board, the two sides reached broad consensus in 10 areas, such as trade and investment promotion, and signed 14 agreements and memoranda covering High-tech trade cooperation, food and feed safety cooperation, pharmaceutical medical equipment safety cooperation, energy saving and environmental protection product testing certification cooperation, investment and trade promotion cooperation, biofuel energy cooperation, Agricultural Science and technology cooperation, environmental protection cooperation, medical and health cooperation, tourism cooperation, green coal-electricity cooperation and many other fields.