Di Yi Cai Jing·2025-10-16 11:02Core Viewpoint - The discussion at the "2025 Shanghai Global Asset Management Forum" highlighted the evolving landscape of China-Europe financial cooperation, emphasizing the importance of interconnectivity and the role of custodial services in facilitating this collaboration [1][2]. Group 1: Trends in China-Europe Financial Cooperation - China-Europe financial cooperation has entered a new stage of multi-level integration, with significant acceleration in infrastructure connectivity, moving from "single-point breakthroughs" to "multi-point connections" [2]. - Policy communication has deepened through mechanisms like the China-Europe financial dialogue, providing a pragmatic platform for bilateral cooperation [2]. - The use of the Renminbi in China-Europe cooperation is diversifying, with European institutional investors increasing their allocation to Renminbi assets and the signing of bilateral currency swap agreements reflecting confidence in the Renminbi as a global reserve currency [2]. Group 2: Role of Chinese Custodian Banks - Chinese custodian banks are becoming key hubs connecting domestic and international markets, with increasing reliance from the market and rising expectations for service quality [3]. - China Bank has actively supported capital market interconnectivity and has established itself as the first Chinese global custodian bank, with a global custody scale of 4.7 trillion yuan, covering over 100 countries and regions [3]. - The bank plans to continue building its custodian network autonomously, leveraging technology and a comprehensive securities service system to enhance service depth [3]. Group 3: Future Aspirations of China Bank - China Bank aims to be a critical hub for interconnectivity and a trusted partner in custodial services, prepared to support broader financial openness [4]. - The bank is committed to enhancing its global custodial service capabilities to facilitate high-level outbound investments and quality inbound investments, contributing to the construction of a dual circulation development pattern [4].