On September 26, the Financial Street People’s Court of the Xicheng District People’s Court of Beijing held an unveiling ceremony in the Financial Street area.

This is the first time that the People's Court of Beijing Court has settled in the Financial Street area.

Industry insiders believe that this is another positive signal released by China’s judiciary in maintaining financial order and promoting financial rule of law.

As the first targeted financial industry functional zone in China, as of now, there are 1,844 financial institutions of various types in the Financial Street area. The assets of financial institutions in the region have reached 95.7 trillion yuan, accounting for 40% of the assets of national financial institutions.

Intra-regional capital flows account for approximately one-third of the national proportion.

In addition to financial institutions, national financial management departments including the People's Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission, and China Insurance Regulatory Commission are also located in the Financial Street area.

In recent years, the Financial Street’s ability to serve national strategies has become increasingly prominent. The Asian Infrastructure Investment Bank, a multilateral financial institution initiated by China, has also been established in the Financial Street. In addition, China-led investment funds such as the Silk Road Fund and the China-Latin America Industrial Capacity Cooperation Investment Fund have also

established one after another.

It is understood that the newly opened Financial Street Court has 32 judges with an average age of 31.

Among them, there are 8 permanent judges, 14 judge assistants, 10 appointment-based clerks and trial assistants, and more than 50% have master's degrees.