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SCII and Dongcheng District Government Inked Cooperation Intention

On June 25, 2011, SCII has participated the 2nd Annual Earth Temple Forum—Green Finance and Sustainable Development jointly hosted by Beijing Finance Bureau, Beijing Dongcheng District Government, Beijing Emission Trading Association and Energy Research Institute, NDRC.

On the opening session, the establishment of Beijing Green Financial Business District has been launched to build Dongcheng District into the demonstration base of Beijing Green Financial Center. SCII signed cooperation intention with Dongcheng District Government, thus demonstrating full support of the green development strategy in the Dongcheng District. As a company focusing on providing think tank for Chinese low carbon economy, signing the contracts and establish strategic and long term relationship with the government shows the ratification of our competences in the low carbon field .

Introduction
Beijing Green Financial Business District
Beijing Green Financial Business District locates at the east second ring road in Dongcheng District, assembling SOEs as Sino Petro, CNOOC, Shenghua Group Corporation, financial organizations as Bank of China, Pudong Development Bank, Guangdong Development Bank, Hangzhou City Commercial Bank, other non-banking financial institutions as China Investment Corporation, People's Insurance Company of China, Bank Of Beijing Consumer Finance Company, Bank of China Group Investment, GuoDu Securities, China Credit Trust, verification organizations as China Classification Society, Inspection and Testing Group International BV, France, and accounting firms as Ernst & Young, KPMG China,Deloitte Touche Tohmatsu CPA Ltd.(Beijing Branch Beijing. Green Financial Business District encourages financial innovation, backing up green industry development, speeding up financial institution concentration, attract more and more green finance and carbon financial research and development institutions, energy saving and emission reduction verification and certification organizations and agencies. Set up Guiding Fund, take in new energy investment, private industry fund of energy saving and environmental protection and carbon trade, to build up multi-financial service system to the Green industry development and form the green financial culture attributing to industry development. Beijing Green Financial Business District aims to be international influential Green Financial Center, to achieve the co-benefit of industry and finance.