Group 1 - The core viewpoint of the article emphasizes the unique structural advantages of the Chinese economy despite recent global market volatility, as articulated by Howard Marks during the 2025 Lujiazui Forum [3] - Marks identifies a shift towards high-quality growth in China, characterized by two key transformations: green transformation and digital transformation, which have shown significant progress [3] - To achieve leaps in both quality and quantity, Marks suggests the need for three coordinated strategies: monetary policy, fiscal policy, and structural reform policy [3] Group 2 - Marks expresses strong long-term confidence in the Chinese economy, highlighting four fundamental advantages: a highly educated and willing workforce, the largest middle-class market globally, top-notch infrastructure, and a comprehensive supply chain [3] - He notes that China's manufacturing accounts for 30% of the global total, reinforcing its competitive edge [3] - To further promote the internationalization of financial markets, Marks recommends deepening the opening of investment asset categories to foreign investors and optimizing the foreign product access mechanism [4] - The introduction of more asset classes for international participation is seen as beneficial for the long-term health of foreign enterprises in China [4] - Marks advocates for a market-demand-driven approach to introduce foreign products, which would create a favorable business environment and attract high-quality foreign institutions to the Chinese market [4]
橡树资本Howard MARKS：建议开放更多资产品类或者业务领域 吸引国际投资者进入中国市场
Xin Lang Zheng Quan·2025-06-18 08:43