Speech by Feng
Guoqin, Vice Mayor of Shanghai at the Tenth Anniversary of the CFETS and Forum
on China’s Money Market
Distinguished Governor Zhou Xiaochuan, presidents, chairmen,
distinguished guests and friends:
In
this season of warm breezes and blooming flowers, all of our distinguished
guests have gathered here beside the Huangpu River to celebrate a decade of
achievements by the China Foreign Exchange Trade System (CFETS), and to
envisage its future development. On behalf of the Shanghai Municipal
Government, I would like to avail myself of this opportunity to express sincere
congratulations on the tenth anniversary of the CFETS. Please allow me to
extend a warm welcome to all our guests and friends who have come from afar.
As
we can see, the CFETS, using advanced information technology, has gradually
constructed the three platforms of trading, information and supervision for the
interbank FX, bond, lending and commercial paper markets over the past ten
years. It has played a positive role in improving the financial market system
and enlarging the scope of financial development in Shanghai. We expect the
CFETS to continue making great contributions toward building Shanghai into a
financial center by bringing into play its advantages in electronic trading,
clearing and information platforms.
I
would also like to wish the CFETS a brilliant future, the Forum on ChinaÕ Fs
Money Market a complete success, and all the guests and friends a pleasant stay
in Shanghai. Thank you.