NYSE Euronext announced that it will open its office in Beijing next week.

Duncan Niederauer, on his first international trip since becoming the company’s CEO, will host the official grand opening of the company’s representative office in Beijing on Tuesday, December 11. Joining him for the ceremony will be senior Chinese and U.S. government officials, CEOs of several NYSE-listed Chinese companies, and other invited guests.

On September 4, NYSE was announced as the first foreign exchange to gain approval by the China Securities Regulatory Commission to open a representative office in Beijing. The new office will be occupied by the company’s staff and will become the NYSE’s center of operations for advancing the company’s brand and service to its listed companies in China.

NYSE currently has 49 companies from greater China, which includes 38 from mainland China, six from Hong Kong and five Taiwanese companies. This year, 16 new companies from greater China have listed on the NYSE, including 14 IPOs. As of November 30, the total market capitalization of mainland Chinese companies on the NYSE is US$1.1 trillion and for greater China, US$1.6 trillion.

“It is an honor for the NYSE to be the first foreign exchange to have approval to open a representative office in Beijing, and we greatly appreciate the opportunity to officially open our office in Beijing and to further strengthen our relationship with the People’s Republic of China and its business community,” Niederauer said. “We especially want to thank the China Securities Regulatory Commission for their ongoing support and the outstanding Chinese enterprises that we are privileged to list on the NYSE.”