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After 7 years' construction, Beijing Financial Street has by now
become a hot spot and a new rising financial center for developing
China's banking and financial services in the capital.
Beijing Financial Street lies to the east of the western section
of 2nd Ring Road. It starts from Chang'an Avenue in the south and
ends at Fuchengmennei Street in the north. Within the circumference
of 1 square km, more than 10 skyscrapers have been erected on the
street. Over 300 financial institutions including People's Bank
of China, The People's Insurance Company of China, Commercial and
Industrial Bank of China, China Construction Bank, Communication
Bank of China, China Securities Regulatory Commission, CITIC Industrial
Bank are found in the street.
In the coming five years, Beijing government will continue to extend
the street to accommodate more financial institutions.
(People's Daily 03/27)
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