北京通州区区长助理林巍： 建设以财富传承为特色的全球财富管理中心

Core Insights - The demand for wealth management in China is growing significantly due to the increasing number of high-net-worth individuals, leading cities like Beijing, Shanghai, and others to compete for the status of wealth management centers [1][2] Group 1: Wealth Management Market Potential - Wealth management is becoming a new growth point for local economies, driven by the accumulation of wealth among Chinese residents over the past few decades [2] - The domestic wealth management market is still in its early stages compared to the mature and large-scale markets abroad, indicating vast development potential [2] Group 2: Resources and Strategies for Development - Successful wealth management requires a local foundation of financial institutions and a concentration of affluent families, which may not be fully present in areas like Tongzhou [3] - Tongzhou aims to differentiate itself by focusing on wealth inheritance and related elder care services, rather than traditional asset management, to build its unique wealth management profile [3][4] Group 3: Wealth Inheritance Market Size - The potential market for wealth inheritance services is estimated to be comparable to the asset management industry, with a potential annual service value of approximately 4.5 trillion yuan [4] - The total social wealth in China is around 600 trillion yuan, suggesting a significant annual demand for inheritance services [4] Group 4: Development of Wealth Management Ecosystem - Wealth inheritance services are seen as resilient to economic cycles, making them an attractive area for development [5] - Trusts are identified as key tools for wealth inheritance, with applications in real estate and equity trusts to ensure effective management and protection of assets [6] Group 5: Building a Global Wealth Management Center - Tongzhou's strategy includes creating replicable experiences in real estate trusts and enhancing the business environment to attract resources and businesses [7] - The "Tongzhou Action" initiative aims to promote trust services within communities, enhancing local trust industry activity and establishing Tongzhou as a significant hub for trust services [7][8]