Shanghai’s Vice Mayor Praises Guernsey’s Quality And Stability

The Vice Mayor of Shanghai has recognised the quality and stability of Guernsey's financial services industry.

Tu Guangshao voiced his support for Guernsey as a well-regulated, compliant and cooperative international finance centre recognising our 'great achievements in financial regulation and development' during meetings in Shanghai last week with a Guernsey delegation which included the Island's Chief Minister, Peter Harwood.

The Chief Minister said: "To receive this endorsement from Tu Guangshao, Vice Mayor of Shanghai, is very welcome. It reaffirms the strong relationship the Island has developed over time with the Vice Mayor since he first visited Guernsey in 2008, shortly after we opened our representative office in Shanghai at the end of 2007.