As China's rural areas and farmers are seeing increasing demand for diversified and multi-level financial products and services, it is crucial to allocate more innovative financial resources and services to the key and weak spots of the agricultural sector so as to better support the progress of rural revitalization, officials and scholars said at the Financial Street Forum 2022 in Beijing on Wednesday.
China's cross-border capital flows are stable and there is great potential for global capital to be allocated, given the international appeal of yuan financial assets, an official at the State Administration of Foreign Exchange (SAFE) said on Tuesday.
Overseas business executives and experts discussed the rising trend of the yuan's internationalization on Tuesday at a sub forum of the Annual Conference of the Financial Street Forum 2022, and said they "welcome" the trend given the importance of the Chinese market to overseas businesses and markets.
Hong Kong is going to take a number of measures to strengthen financial connectivity with the Chinese mainland, including studying the launch of government debt futures in overseas markets and introducing a renminbi counter for HK stocks, a Hong Kong official disclosed at a sub forum of the Financial Street Forum 2022, an annual event widely viewed as the bellwether of China's financial reform and opening-up.
Currently, listed companies face new challenges in structural transformation, quality improvement and efficiency improvement, the head of the Shenzhen Stock Exchange (SZSE) said on Tuesday at the 2022 Financial Street Forum.
With the global economic and financial environment becoming increasingly complex, members of the Regional Comprehensive Economic Partnership (RCEP) need to enhance cooperation to promote the economic recovery and safeguard financial stability, officials and economists suggested on Tuesday at the ongoing 2022 Financial Street Forum in Beijing.
China has made substantial headway in improving the quality of listed firms, a microcosm of the economy's shift toward higher-quality development and its restructuring toward tech- and innovation-oriented growth, securities regulatory officials, bourse heads and business executives told an influential financial forum in Beijing on Tuesday.
With this year marking the 30th anniversary of the construction and development of Beijing's Financial Street, officials at this year's Financial Street Forum charted a course for the capital's future position as national financial management center in the new era, prioritizing the establishment of a multi-tiered capital market and developing a modern financial industry.
China will unswervingly expand the opening-up of its financial industry and cultivate a high-class environment for market entities, a Chinese official said on Tuesday at the ongoing 2022 Financial Street Forum in Beijing.
China's vibrant financial sector, a solid underpinning of the economic prowess and a crucial part of the country's reform and opening-up, is set to anchor the world's second-largest economy toward higher-quality growth and amplify its role as a stabilizer of the global markets amid varied uncertainties, senior officials and prominent domestic and foreign industry leaders told an influential financial forum in Beijing on Monday.
At a critical stage when the global economy is shifting gear as traditional growth drivers are losing momentum, ensuring energy security and promoting green development will become a new driving force for the recovery and sustainable development of the world economy, a Chinese official said at the Financial Street Forum on Monday.
Chinese financial sector officials and analysts on Monday warned of global financial security risks posed by rising geopolitical tensions and the US-led aggressive monetary policies, urging various measures to identify and tackle risks.
Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), has refuted overseas media reports that China is experiencing a real estate crisis, saying that China's fixed-asset investment still has great potential for growth.