Written by 9:00 International

Chengdu, China

Frankfurt Main Finance and the China Innovation Finance Institute have signed a comprehensive Memorandum of Understanding (MoU), laying the groundwork for enhanced cooperation in 2023.

The Memorandum of Understanding (MoU) between Frankfurt Main Finance (FMF) and China Innovation Finance Institute (CDIFI) was signed to strengthen cooperation in the financial industry. CDIFI is actively supporting the efforts of FMF to establish Frankfurt as a leading global financial hub. This is mainly done by promoting strategies for markets in Greater China, especially in Western China. At the same time, FMF supports Chengdu’s plans to become a leading financial centre in Western China. 

Established in Chengdu in 2022, the CDIFI aims to promote innovation in finance, investment and business. One key goal is to promote Chengdu as a major financial services centre along the New Silk Road and in western China. It is actively in partnership with international financial centres and innovation hubs. CDIFI plays a proactive role in Chengdu’s financial development, promotes international investment, and assists Chengdu Municipality in decision-making and capacity building in innovation finance.   

Pandas and teahouses for a relaxed lifestyle 

Chengdu is often described as a city with a relaxed lifestyle. In the heart of the Sichuan countryside, Chengdu is a combination of urban dynamism and nature. The city is not only known for its cultural treasures but also for its proximity to nature. The people tend to enjoy life and have a taste for traditional art, theatre and music.   

The famous Panda Research and Breeding Centre is the jewel in the city’s crown. This is where pandas are researched, bred and protected, and where visitors can get up close and personal with them. It not only provides an insight into the fascinating world of pandas, but also underlines Chengdu’s commitment to nature and wildlife conservation. Chengdu is surrounded by the Sichuan province, with its picturesque mountains, rivers and green plains. In the city’s parks and gardens, such as the People’s Park, residents and visitors can enjoy the tranquillity of nature amidst the hustle and bustle of the city.   

Chengdu is also known for its culinary delights. The traditional teahouses and quiet squares offer an oasis of relaxation and a retreat from the hectic everyday life. The city is known around the world not only for its distinctive tea culture, but also for its delicious and spicy Sichuan cuisine, which can be found outside of China as well. These dishes are characterised by the use of hot spices, garlic and Sichuan pepper.  Chengdu is not only a cultural and economic centre, but also a gateway to the natural treasures that surround the region. Here, urban life blends harmoniously with the splendour of nature. 

Image sources: Unsplash, Pixabay

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