三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

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: 亚洲人成s大片在线播放 | 亚洲欧美自拍另类图片色 | 国产亚洲精品sese在线播放 | 免费看黄网站在线 | 亚洲高清色图 | 一级毛片视频在线观看 | 国产精品福利在线播放 | 在线观看视频一区二区三区 | 亚洲视频污 | 一级黄色激情片 | 国产精品久久vr专区 | 国产成人亚洲合集青青草原精品 | 综合久久久久综合体桃花网 | 亚洲高速浪潮 | 成年人视频网站免费 | 欧美在线观看一区二区 | 日韩在线二区全免费 | 久久我们这里只有精品国产4 | 欧美日韩国产一区二区三区在线观看 | 成人精品免费网站 | 99久久精品国产一区二区 | 最新国产三级在线不卡视频 | 黄视频免费在线观看 | 欧美一区二区三区在线可观看 | 久久草在线观看 | 在线观看色片 | 欧美国产亚洲精品高清不卡 | 91探花在线视频 | 区二区三区四区免费视频 | 久久婷婷丁香七月色综合 | 国产看片一区二区三区 | www.av网| 色婷亚洲 | 欧美黄色一级 | 日本一级特黄刺激爽大片 | 快使劲弄我视频在线播放 | 8888四色奇米在线观看免费看 | 国产成人精品一区二区三在线观看 | 亚洲精品午夜国产va久久成人 | 国产免费久久精品99re丫y | 一区二区三区视频网站 |