Gong Zheng meets with UBS Group CEO Axel Weber

date
13/01/2026
Today, Shanghai Mayor Gong Zheng met with the CEO of UBS Group, Axel Weber, and his delegation. Gong Zheng said that he welcomes UBS to increase its investment in Shanghai, to place more long-term capital, core functions, important platforms, and key businesses in Shanghai, to continuously strengthen cooperation with local companies, and to provide more differentiated solutions and innovative products to support the construction of Shanghai's international financial center. Shanghai is a stepping stone for Chinese companies to enter the international market. We hope that UBS will better serve Chinese companies in going global, and we also look forward to UBS actively promoting Shanghai to global partners, guiding various funds to invest in Shanghai, and promoting more financial institutions and high-quality enterprises to deepen their presence in Shanghai. Shanghai will continue to create a first-class business environment, and support all types of entities to develop and grow in Shanghai.