Italy's Generali, CDP urge China to open up finance sector

) and state fund CDP on Wednesday urged China to do more to open up its financial services industry to Italian firms and other foreign groups.

Generali’s international business chief, Jaime Anchustegui, told an Italy-China financial forum in Milan that he hoped foreign firms would be able to take controlling stakes in life insurance businesses in China. Earlier, the chief financial officer of Cassa Depositi e Prestiti, Paolo Calcagnini, made a similar call at the forum, which was attended by top Chinese banking executives and regulators.

Earlier this month, Premier Li Keqiang said China had pledged to end ownership limits for foreign investors in its financial sector in 2020, a year earlier than scheduled.

)) there are fin sector in China ))

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bulgari Fetes New Scent, Outlines Strategy for Fragrance BusinessThe Roman jewelry house staged an event in Como, Italy, to introduce the Tubereuse Mystique fragrance, the fifth addition to the Splendida Bulgari line.
Source: wwd - 🏆 24. / 68 Read more »