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Jing'an's financial ecosystem continues to evolve

chinadaily.com.cn |  Updated:2026-11-11

The Global Asset Management Forum 2026 Shanghai Suhewan Conference was held on Oct 16-17 at the Shanghai Exhibition Center in Shanghai's Jing'an district, bringing together government officials, financial executives, and scholars.

Under the theme "Financial Resilience in a Changing World: Openness, Innovation and Growth", participants exchanged views on the financial sector's high-level opening-up, AI-driven transformation of asset management, and global investment and trade.

Now in its seventh year, the conference has evolved from a single gathering into a platform that connects global capital with the local market. Asset managers operating in Jing'an, one of Shanghai's earliest equity investment agglomerations, manage more than 7 trillion yuan (about $1.04 trillion) in combined assets.

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Aerial view of Suhewan in Jing'an district. [Photo/Jing'an District People's Government]

The district's financial sector added value grew at an average annual rate of about 6.8 percent during the 14th Five-Year Plan period (2021-25), reaching nearly 60 billion yuan. In the first three quarters of this year, the district approved 42 new funds for establishment, totaling about 7.4 billion yuan.

Jing'an has also opened Shanghai's first data cross-border service center, as part of its broader efforts to deepen institutional opening-up and serve as a key link in the domestic and international dual circulation.

Source: Jing'an District People's Government

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