A delegation of senior government officials and business leaders
from Guernsey will be visiting their counterparts in Shanghai at
the start of March to promote the Islands depth of professionalism
and expertise in financial services.
The Island is looking to benefit in Chinas economic development
through the provision of financial products whether banking,
fiduciary services, investment funds or insurance.
The Guernsey delegation will be visiting Shanghai between
Saturday 1 and Friday 7 March to speak with local officials and
business leaders about the Island, its financial expertise and the
beneficial opportunities on offer to Chinese institutions and
The delegation will be led by Guernseys most senior politician,
Chief Minister Mike Torode. As well as a dozen leading members from
across the Islands finance industry, the party also comprises
Guernseys top civil servant, two representatives of the Islands
financial services regulator the Guernsey Financial Services
Commission (GFSC) and members of GuernseyFinance the promotional
agency for the Islands finance industry.
The delegation follows on from Guernsey establishing a permanent
presence in China. Last December Chinese national Wendy Weng was
appointed to head up an office based in Shanghai. The office will
be officially opened at the start of the visit and will mark the
launch of the Guernsey brand in China.
During the week the delegation will also meet with local
politicians, government representatives and dignitaries, including
the Vice Mayor of Shanghai; the Shanghai Financial Services
Commission; the Shanghai Stock Exchange; and specific financial
services firms already based in the city.
"The fact that we are building on the opening of an office
in China by bringing a delegation to Shanghai including the Islands
most senior politician really does illustrate our commitment to
China," said Peter Niven, Chief Executive of
"The visit will officially mark the launch of the Guernsey
brand in China. The Islands rich financial services heritage and
its position as a leading international financial services centre
have never been actively promoted in China before so there is
little knowledge of our expertise, innovation and the positive,
constructive manner of the way in which we work.
"The delegation is central to raising awareness within
government circles and the business community of the Islands
capabilities and the fact that we have an office in China provides
us with a platform to continually build and strengthen these links
even after the delegation has departed."
Guernsey has also launched a Chinese version of its website www.guernseyfinance.com.cn to help communicate
its messages within China.
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