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: 久久精品一区二区国产 | 香蕉久久精品 | 一区三区三区不卡 | 女性无套免费网站在线看 | 男人天堂久久 | 久久91这里精品国产2020 | 久久综合丁香 | 欧美特级毛片aaaa | 成年网站在线在免费播放 | 女人18毛片a级毛片 女人aaaaa片一级一毛片 | 亚洲第一网站在线观看 | 自拍欧美日韩 | 欧美成人视屏 | 亚洲综合成人网 | 精品一区二区三区免费爱 | 视频一区在线 | 成人精品一区二区三区 | 草草草影院 | 日本成人免费在线视频 | 欧美日韩免费一区二区在线观看 | www.av免费| 色成人亚洲 | 午夜大片免费男女爽爽影院久久 | 久久精品国产亚洲片 | 国产偷自拍 | 末满18以下勿进色禁网站 | 一级黄视频 | 亚洲天堂在线视频播放 | 国产日本三级欧美三级妇三级四 | 国产亚洲精品久久久久久 | 久久久久欧美精品 | 亚州va| 国产欧美一区二区三区沐欲 | 久久综合成人网 | 欧美一级特黄aa大片在线观看免费 | 午夜精品一区二区三区在线观看 | 日本一区二区高清不卡 | 成人香蕉xxxxxxx| 欧美色视频日本片免费高清 | 全部精品孕妇色视频在线 | 美女视频黄免费 |