New partnership brings opportunities for China-UK fintech collaboration

Tue, 16th Jul 2019

FYI, this story is more than a year old

Finance professionals in London and Chengdu now have the ability to cooperate and participate in exchanges, thanks to a new partnership between Chengdu's Jiaozi Fin-Tech Dreamworks and the UK's Cass Business School.

The agreement signifies a substantial cooperating step between Chengdu and London in the field of finance after Cass Business School Chengdu Center was built in Chengdu Hi-tech Zone in March this year.

So far Jiaozi Fin-Tech Dreamworks has already established 102 domestic and international financial technology teams. In 2019, its operations area will amount to 100,000 square meters.

The company predicts that there will be about 300 enterprises and 10,000 research personnel in term of financial technology before the end of this year.

Chengu is aiming to become the financial center in Western China. In recent years, Chengdu Financial City, located at Chengdu Hi-tech Zone, has become a financial technology hub in Chengdu. Jiaozi Fin-Tech Dreamworks serves as one of the region's financial technology shared work spaces.

Chengdu Hi-tech Industrial Development Zone also highlights the long history of cooperation between Chengdu and London on their respective financial industries.

In early 2010, the Mayor of London Financial City visited Chengdu Financial City to discuss cooperation opportunity. This was while Chengdu was building the Financial Center of Western China.

Last March, Chengdu Jiaozi Financial Holding Group was invited to attend the London Global Fin-Tech Summit.

Last June, Chengu's representative office was established in London; and on March 7 of this year, Cass Business School Chengdu Center was officially opened at Chengdu Hi-tech Zone.

The center will provide personnel training for the development of Chengdu's fin-tech industry based on the highly experienced faculty and strong scientific research strength that Cass Business School brings.

At the same time, Cass Business School will also encourage top talent and industrial incubation platforms affiliated to Jiaozi Fin-Tech Dreamworks to establish long-term research cooperation mechanisms. It will also join forces to promote the R - D and commercialization of financial technology.