This centre is located at the core area of Xicheng district, Beijing. Since the 1990s Financial Street has embraced a cluster of China’s top financial regulatory bodies including PBC, CSRC, SIRC and CBRC. All major Chinese domestic banks, insurers and security companies developed their own office buildings and are headquartered in this area. Thanks to years of fast development and favourable policies of the municipal and district governments, Financial Street also attracts most of the international commercial banks, investment banks, private equity firms, and financial institutions, such as Goldman Sachs, JP Morgan, Morgan Stanley, Citibank, Societe Generale, Credit Suisse, Bank of New York, RBC Royal Bank and others.