The Financial Street is Beijing's first large-scale, comprehensively planned financial industry functional zone. Since its development began in 1992, it has received strong support from the state and the Beijing municipal government. In October 1993, the State Council approved the "Beijing Urban Master Plan (1991–2010)," which explicitly stated: "Build a national-level financial management center in the area from Fuchengmen to Fuxingmen along the West Second Ring Road, concentrating the headquarters of national banks and non-bank financial institutions." In the 2005 State Council-approved "Beijing Urban Master Plan (2004–2020)," the Financial Street was once again confirmed as the national financial management center. In 2008, within the overall financial planning framework, the core status of the Financial Street in the capital’s financial industry was further established, with a proposal to develop it into the primary financial center of the capital.
Source: Beijing Municipal Commission of Tourism Development
This article is published by HowToTrip. Sharing and reposting are welcome — please credit the source.
Article URL: https://www.howtotrip.net/travel-7817