By Huw Jones
LONDON, Nov 10 (Reuters) - More Chinese banks want to set upshop in London despite the Brexit vote which has promptedforeign lenders in the capital to consider bases in continentalEurope.
British and Chinese government officials met in London onThursday to unveil a "strategic plan" to deepen financial andeconomic ties between the two countries.
"It will support the integration of China's financialmarkets into the global market through London's financialcentre, exchange of expertise and increase market access,"Britain and China said in a joint statement.
It takes forward plans for closer ties between the Londonand Shanghai stock exchanges.
The two countries underscored a commitment by theirregulators to cooperate more closely in banking, assetmanagement, insurance, and financial technology or fintech.
"Both sides welcome the continuing interest by firms,including Agricultural Bank of China (UK), Shanghai PudongDevelopment Bank, and others, in submitting further applicationsto establish branches in the UK, once they are ready to makeapplications," Britain and China said in a joint statement.
Regulators from both countries were committed to workingtogether to ensure an "effective review" of all proposals fromthe banks, it added.
The announcement may help soothe jitters in the City ofLondon financial district that foreign banks will shun Britainbecause it is leaving the EU.
British regulators have already authorised London branchesfor Bank of Communications Co, and China Merchants Bank.
The China Banking Association will also open a London office"when conditions permit". The Shanghai Clearing House alsointends to set up a London office next year, the document said.
Chinese authorities will support Aberdeen Asset Management in its application to register private fund managemententities in China, and then launch private fund products afterauthorisation.
Chinese authorities will also "positively" consider theapplication of Heng An Standard Life, part-owned by StandardLife, for a pensions licence in China, the document said. (Reporting by Huw Jones, editing by David Evans)