Financial Circle Network September 4 news The "2021 China International Finance Annual Forum" co-sponsored by the Beijing Municipal Financial Supervision and Administration Bureau, the People's Government of Shijingshan District of Beijing Municipality and the People's Government of Xicheng District of Beijing was held in Beijing on September 4, 2021, with the theme of "Green Beijing, Open Finance". Li Wen, Chairman of Hui Tianfu Fund Management Co., Ltd., attended the forum and delivered a speech.
"At present, China has entered a new stage of development, and is actively implementing the new development concept and continuing to build a new development pattern of double circulation." Unswervingly promoting the two-way opening up of China's finance and deepening cross-border investment and financing business are of long-term strategic significance for consolidating and strengthening the globalization system and enhancing China's international influence. ”
Li Wen said that adhering to two-way opening up to create an internationally competitive public fund industry is the only way for the high-quality development of the fund industry. Adhering to two-way opening up is conducive to foreign capital joining China's market, bringing more incremental funds to the public fund industry and capital market, and the space for foreign capital to allocate Chinese assets through public funds can be described as huge.
At the same time, the entry of foreign capital is conducive to improving the investor structure of the capital market, promoting domestic investors to strengthen the concept of long-term investment, value investment and ESG investment, and providing a more long-term and stable source of funds for the development of the capital market.
In addition, adhering to two-way opening up is conducive to further enriching the investment targets of China's public funds and enhancing the ability to allocate assets on a global scale. Li Wen pointed out that the asset management industry in mature markets has a century of development history, adhere to two-way opening-up, and guide excellent international asset management institutions to enter, which will further promote the domestic public fund industry to improve its business philosophy and investment philosophy, strengthen product design, asset allocation and risk management capabilities, enhance the confidence and strength of going out to participate in international competition, and assume greater responsibility and play a greater role in the governance of the global asset management industry.
This article originated from the Financial Circle Network