SCS teams up with SIP authority in developing fintech cluster
At the 2018 SCS Fintech Summit on May 18, Soochow Securities (SCS) and SIP Administrative Committee jointly unveiled the nameplate of SIP Fintech Cluster and signed a memorandum of understanding to establish a financial technology development fund.
As revealed, the cluster will focus on propelling the development of financial services, high-growth fintech businesses and fintech-related culture.
Zheng Gang, chairman of SCS branch Soochow Fintech, said great efforts will be made to lure Shanghai-based financial institutions to set up their technical arms and R&D bases in the cluster.
Concerning cultural development, he said Suzhou's first state-level investor training base and a museum of contemporary art have been planned.
Gusu Evening News
May 9, 2018