A series of new research findings on China's financial sector were unveiled on Wednesday at the 2025 Annual Conference of the Financial Street Forum, underscoring the growing role of Beijing's Financial Street as the country's national financial management hub.
Among the highlights of the forum was the release of the 'Financial Street Development Report 2025,' which offered a comprehensive, multi-dimensional analysis of the district's progress in 2024 and throughout China's 14th Five-Year Plan period (2021-2025).
According to the report, Financial Street in Beijing, which is home to many of the country's top regulators and major financial institutions, has consolidated its core functions, including decision-making and supervision, standard-setting, asset management, payment and settlement, information exchange, and international cooperation, thereby strengthening its global influence.
Since the beginning of the 14th Five-Year Plan period, asset management institutions in Financial Street have overseen more than 21 trillion yuan (about 2.96 trillion U.S. dollars) in assets. The total assets of financial institutions in the area have reached 156 trillion yuan (about 21.97 trillion U.S. dollars), accounting for about one-third of the national total.
The forum, which opened on Monday in Beijing, is being held under the theme of 'Global Financial Development in an Era of Innovation, Transformation, and Restructuring.'
The four-day event has drawn policymakers, industry leaders, and scholars from more than 30 countries and regions, including representatives from China's central bank, global regulators, and leading economic institutions, to discuss trends in international finance and future pathways for cooperation.
Beijing’s Financial Street strengthens role as China’s financial hub: report
