The two new companies are ICBC Wealth Management Co Ltd, a wholly-owned subsidiary of Industrial and Commercial Bank of China Ltd, with as much as 16 billion yuan (.32 billion) in registered capital, and the wealth management subsidiary of China Construction Bank Corp, with a registered capital of up to 15 billion yuan.
The two-day summit taking place in Nanjing, East China's Jiangsu province, ends on Tuesday. It has attracted more than 700 entrepreneurs from the mainland and Taiwan.
The two countries have established a deep mutual trust, allowing media exchanges to develop rapidly, Gromov said.
The two countries should also take the opportunity to jointly build the Belt and Road, continue making ongoing programs bigger and stronger, expand bilateral trade and foster new growth engines for cooperation, he said.
The trip was partly due to a suggestion from Chinese Ambassador to the US Cui Tiankai.
The two sides should boost cooperation in such areas as economy, trade, tourism and third-party markets within the framework of the Belt and Road Initiative so as to bring the Sino-Spanish comprehensive strategic partnership to a new high in the new era and better benefit the two peoples, he said.
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The two storms, which landed on Sunday and Monday, may bring more losses to the southern part of the country, the meteorological observatory warned.
The two heads of state reached the consensus during their talks at the Great Hall of the People in Beijing.
The typhoon is expected to make landfall on southern China, according to the NMC.
The turbulence has centered on so-called entrusted investments-funds that Chinese banks farm out to external asset managers. After a long period of funneling money into such investments, banks are now pulling back in response to a series of regulatory guidelines over the past three weeks that put a spotlight on the risks.