Hengfeng Bank, the 29th bank to set up an outlet in Fengxian and the first new entrant in five years, ranks fifth in registered capital among banks nationwide. Its presence signals not just a broader financial sector but also a powerful endorsement of Fengxian's top-tier business environment.

"Fengxian's efficiency stood out among all the locations we considered," noted Tang Chunfeng, Manager of Hengfeng Bank Fengxian Sub-branch. The district's lifecycle support, from site selection and approval to opening, has streamlined operations for businesses. The financial hub on Huancheng East Road, home to dozens of financial institutions, has a strong pull. The "Huandong Financial Alliance" further boosts this by offering businesses a one-stop platform to connect with key resources.

With a "double 10-billion" industrial zone at its back and clusters like Oriental Beauty Valley and Future Space nearby, Hengfeng Bank, Fengxian Sub-branch in Shanghai is set to provide tailored financing plans for businesses. This move aims to clear development hurdles and deepen the integration of finance and the real economy. The area's vibrant business districts, top schools, and top-tier hospitals form a "15-minute life circle", making it a magnet for both talents and enterprises.

As Shanghai's "Five New Cities" initiative gains speed, Fengxian is evolving from a suburb into a full-fledged city. Hengfeng's arrival is expected to draw private equity and fintech firms, fostering a new ecosystem of industry and finance working together. Being the only nationwide joint-stock commercial bank based in Shandong Province, Hengfeng Bank, Fengxian Sub-branch in Shanghai will also help the local government create a Shanghai-Shandong exchange platform to link Fengxian with top-tier resources.