Xinhua Silk Road: Broader opening-up underway in Shanghai FTZ s Lin-gang Special Area prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
A little recognized and probably unappreciated fact about China s remarkable reform and opening-up policy of the last 40-odd years, piloted ably by the Communist Party of China (CPC), is there is more to it than attracting foreign investments and technologies to stoke development in China, investors, economists and researchers said.
Reform and opening-up, including that in the financial services industry, are also about China growing in a spirit of win-win, to benefit the rest of the world as much as itself.
Perhaps no recent policy move illustrates this point more tellingly than the one that helped introduce pilots of the Qualified Domestic Limited Partner, or QDLP, program, market mavens said.
Investing from China to benefit the world By ZHOU LANXU | China Daily | Updated: 2021-07-12 09:20 Share
Programs like QDLP, wealth products showcase merits of win-win approach
A little recognized and probably unappreciated fact about China s remarkable reform and opening-up policy of the last 40-odd years, piloted ably by the Communist Party of China (CPC), is there is more to it than attracting foreign investments and technologies to stoke development in China, investors, economists and researchers said.
Reform and opening-up, including that in the financial services industry, are also about China growing in a spirit of win-win, to benefit the rest of the world as much as itself.
Shanghai aims to be global wealth hub By SHI JING in Shanghai | CHINA DAILY | Updated: 2021-05-26 07:18 Share CLOSE The Lujiazui area of Shanghai has developed into a financial hub during the past three decades. [Photo by Wang Gang/for China Daily]
Shanghai s aim to grow into a leading global asset management center will help to better serve the development of the real economy and facilitate China s deepened opening-up in the financial sector, said officials and analysts.
Clearer goals to achieve this objective were set out in a guideline issued on Tuesday by the Shanghai municipal government.
It says that the city is expected to grow into an important asset management hub in Asia by 2025 and is envisioned to be open and highly international, as well as having a complete ecosystem and key market elements.
Shanghai aims to be global wealth hub chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.