上海市委常委、常务副市长吴伟：将以更高水平对外开放集聚全球投资者

Core Viewpoint - Shanghai is actively working to establish itself as a global asset management center, enhancing its international financial hub status and attracting more domestic and foreign institutions to operate in the city [1][2]. Group 1: Financial Market Performance - From January to September, the total trading volume of Shanghai's financial market reached 296.783 trillion yuan, representing a year-on-year increase of 12.7% [1]. - As of the end of June, the bond custody balance of foreign institutions in the interbank bond market was 4.2 trillion yuan, an increase of 40 billion yuan compared to the end of last year [1]. - The cumulative trading amount of the "Shanghai Stock Connect" reached 9.3 trillion yuan, with a market value of 1.39 trillion yuan held by foreign investors [1]. - The number of Qualified Foreign Institutional Investors (QFII) increased by 50% year-on-year [1]. Group 2: Asset Management Growth - Over the past five years, the total scale of asset management in Shanghai has increased from less than 20% to approximately 30% of the national total [2]. - The scale of insurance asset management accounts for about 50% of the national total, while public funds account for about 40% [2]. - Shanghai has the highest scale of private equity funds in the country, with nearly 1,800 licensed financial institutions operating in the city, one-third of which are foreign [2]. Group 3: Innovation and Technology Integration - Shanghai's industry associations have initiated the establishment of industry standards for the application of large models in asset management [2]. - Relevant departments are promoting the application of AI technology in specific business scenarios such as equity investment and securities investment [2]. Group 4: Future Development and Collaboration - Shanghai aims to enhance its global asset management center construction with the guidance of national financial management departments, focusing on attracting global investors through higher levels of openness [2][3]. - The city plans to stimulate market vitality through higher quality reforms and innovations, encouraging asset management institutions to innovate products and services to meet diverse investor needs [2]. - Continuous efforts will be made to strengthen communication with financial management departments and industry associations to create a more vibrant industry development ecosystem [2].