In the past 20 years, China’s financial institutions have opened wider to the outside world in a steady way, and have approved the founding of a whole body of foreign-funded and Chinese-foreign jointly run financial institutions. At present, 23 cities and Hainan Province in China have foreign-funded operating financial institutions, totaling 190.

While in Hong Kong, there are 155 licensed banks with 79 representatives from the world’s 100 largest banks. Banks are independent of the Government, and foreign banks are free to operate with only limited restrictions.

Please click on either China or Hong Kong below for your guide.

Banking - China

Banking - Hongkong