foreign asset management firms in china's market: current landscape...
title:foreign asset management firms in china's market: current landscape, competitive edge, and future prospects
author:fang yunlong , chai hongrui
the central financial work conference has emphasized the need to promote high-level financial openness and safeguard national financial and economic security. as such, it is imperative to encourage both inbound and outbound financial activities, expand institutional opening-up, streamline cross-border investment and financing, and attract international financial institutions and long-term capital to stimulate china's economy. the further opening-up of china's financial sector, its growing appeal to foreign investors, and the rising demand for asset management among chinese residents have prompted foreign asset management firms to actively participate in china’s market. this participation has fostered competition and innovation among domestic firms. going forward, in the context of high-level financial opening-up, domestic and foreign asset management firms should leverage their respective strengths to collaborate for mutual benefit and engage in healthy competition, thereby promoting the high-quality development of china's asset management industry.
