Li Jiange, Director General of the Organizing Committee of the Global Wealth Management Forum and Chairman of the Sun Yefang Foundation: Chinese and foreign asset management institutions are facing new development opportunities_ Oriental Fortune Network

“Chinese and foreign asset management institutions must develop in a more refined and professional direction, on the one hand to preserve and increase the wealth of investors, and on the other hand to promote the high-quality development of the real economy.”

From January 15th to 16th, the “2022 Global Wealth Management Forum Shanghai Suhewan Summit” was held in Shanghai with the theme of “New Economic and Financial Landscape under the Common Global Recovery”.Sun Yefang, Director General of the Organizing Committee of the Global Wealth Management ForumfundChairman Li Jiange attended the forum and delivered a speech. Li Jiange said that in recent years, China has continuously deepened the reform of the financial sector and promoted the high-level opening of the financial industry, which has achieved obvious phased results.

Li Jiange said that in recent years, breakthroughs have been made in the reform of the basic system of the capital market and the construction of the market system. The Science and Technology Innovation Board and the Beijing Stock Exchange have been established successively. The registration system has been gradually extended to a wider range on the basis of the pilot program. The new round of opening up of the financial industry has accelerated significantly, the restrictions on foreign shareholding in the financial industry have been greatly relaxed, and a large number of internationally competitive foreign institutions have increased their investment in the Chinese market.

Li Jiange mentioned that the implementation of the new asset management regulations marks that the development of China’s large asset management industry has entered a new stage. This means new development opportunities for all kinds of asset management institutions, including Chinese-funded institutions and foreign-funded institutions. Chinese and foreign asset management institutions must develop in a more refined and professional direction, on the one hand to preserve and increase the wealth of investors, and on the other hand to promote the high-quality development of the real economy.

(Article source: Shanghaisecuritiesnewspaper)

Article source: Shanghai Securities News

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Original title: Li Jiange, Director General of the Organizing Committee of the Global Wealth Management Forum and Chairman of the Sun Yefang Foundation: Both Chinese and foreign asset management institutions are facing new development opportunities