久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Institutional breakthroughs will secure megacity's heft as IFC

By Shi Jing | China Daily | Updated: 2025-06-09 09:26
Share
Share - WeChat

Residential savings have been rising constantly in China. Data from the People's Bank of China, the country's central bank, show that residential savings increased by 9.22 trillion yuan ($1.26 trillion) in the first quarter, up 7.7 percent year-on-year, significantly outnumbering the 1.74 trillion yuan of incremental savings from nonfinancial companies.

Increase in residential savings is not always good news. On the one hand, it indicates that people are becoming more conservative, which can be a result of concerns over the current market and uncertainties about the future. On the other, it suggests that there are not too many options for them to invest.

Combined with inadequate domestic consumption, a series of worrisome chain effects will follow: slow sales of end products, declining prices, lower profitability of enterprises, companies that are less willing to invest and borrow, and finally, slower and even stagnant economic growth.

This is actually what Japan has undergone since the 1990s, which is widely known as "Japan's three lost decades".

But there is something that Shanghai can do to avoid Japan's experiences, which is in turn conducive to consolidate its role as an international financial center.

The increasing wealth of the Chinese people has led to rising demand for investing globally, which is the logic found in other mature markets.

According to a recent report by UBS, 77 percent of Chinese investors wished to get global investment information and analysis. About 61 percent of them also look forward to globalized products and strategies provided by asset managers.

Shanghai, which is home to the biggest group of financial institutions in China, can address this demand by making more first attempts. A large number of high net-worth individuals living in the city need more channels to invest globally so that they can diversify risks, which is especially true when uncertainty and complexity have become buzzwords in the global market.

The progress made in introducing more cross-border financial products will benefit domestic financial service providers. Securities firms will be able to expand their cross-border product portfolio, increasing their footprint in overseas markets.

This is also in line with the trend of increased outbound reach by securities brokerages. Apart from investment banking services, such as helping Chinese companies go public in overseas stock markets, wealth management services are equally important if securities brokerages aim to secure their position as leading firms in the Chinese market.

By addressing Chinese retail investors' demand with more cross-border products, the securities firm will consolidate its own wealth management strength.

Hopefully, an increase in cross-border financial products will prompt the regulator to further increase the annual quota for qualified domestic institutional investors, under which an asset manager is allowed to help its clients invest in overseas markets each year.

This is also in line with Shanghai's role as a pioneer on many fronts. Apart from various substantial developments, it should aim for more institutional breakthroughs.

More new policies, mechanisms and institutional arrangements should be nurtured here so that these successful experiments can be eventually promoted nationwide. Starting from the micro level, addressing retail investors' demands may usher in bigger changes.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 日韩亚洲欧美一区二区三区 | 国产成人精品亚洲日本语音 | 精品免费久久久久久成人影院 | 精品国产一区二区三区久 | 国产一区二区三区四区在线观看 | 国产一区二区三区在线观看视频 | 大看蕉a在线观看 | 97精品福利视频在线 | 国产欧美精品一区二区 | 美女图片131亚洲午夜 | 欧美色性视频 | 国产91第一页 | 男人天堂怡红院 | 九九视频高清视频免费观看 | 亚洲国产精品综合久久一线 | 激情欧美日韩一区二区 | 国产精品私人玩物在线观看 | 亚洲成人自拍网 | 成人永久福利在线观看不卡 | 国产在线日韩 | 精品国产欧美一区二区五十路 | freesex寂寞老妇hd | 国产精品99久久久久久人 | 亚洲性在线观看 | 精品久久久久久中文字幕一区 | 综合久久久久久中文字幕 | 欧美综合一区二区三区 | 欧美国产精品一区二区免费 | 国产成人亚洲精品2020 | 免费看的一级片 | 国产素人在线观看 | 日本高清www片 | 国产三级三级三级三级 | 国产片一级aaa毛片视频 | 国产精品porn | 伊人色综合久久天天人手人停 | 国产一级一国产一级毛片 | 亚洲精品国产成人一区二区 | 精品久久一区二区三区 | 日本一在线中文字幕天堂 | 欧美成人xxxx |