Core Insights - The "2025 Shenzhen International Financial Conference" focuses on the theme of "Building a Financial Power and High-Level Opening of the Greater Bay Area" [2] - Wang Zhongmin emphasizes the transition from a heavy asset model to a capital-intensive strategy as essential for innovation and financial strength in the digital age [4][5] Group 1: Transition to Light Assets - Companies are encouraged to adopt a "light asset" approach to mitigate risks associated with heavy assets, especially in the context of rapid technological changes [4][5] - The traditional heavy asset model is increasingly challenged by the fast pace of technological innovation, making it difficult for companies to recover investments in fixed assets [5] Group 2: Importance of Heavy Capital - "Heavy capital" is identified as a crucial support for innovation, with a structured capital pathway from startups to publicly listed companies [5] - Initial funding stages should leverage angel investments and venture capital to optimize capital structure quickly, while growth stages can utilize social security funds and international capital to create a risk-sharing ecosystem [5] Group 3: Capital Market Reforms - Wang praises the registration system for enhancing the heavy capital ecosystem by allowing more efficient capital flow to tech innovation companies while protecting founders' rights [5][6] - Innovations in financial instruments, such as real estate securitization, can transform heavy assets into liquid financial products, thereby revitalizing existing assets [6] Group 4: Strategic Investments - Large companies are urged to adopt a "heavy capital" strategy by investing 10%-20% of their resources into small and medium-sized enterprises (SMEs) to foster innovation within the supply chain [6] - Successful projects can offset the societal costs of failures, highlighting the importance of a collaborative ecosystem where all participants in the supply chain benefit [5][6]

Core Points - The 2025 Shenzhen International Financial Conference opened in Qianhai, Shenzhen, focusing on "Building a Financial Power and High-Level Opening Up of the Greater Bay Area" [1][3] - The conference aims to promote the construction of a Chinese financial knowledge system and enhance the "technology-industry-finance" cycle [3] - The establishment of the "International Financial Talent Practice Base of Renmin University of China in the Greater Bay Area" was announced during the conference [3] Group 1 - The conference is co-hosted by Renmin University of China and aims to strengthen global financial cooperation and the development of the Greater Bay Area [1][3] - Zhang Donggang, Secretary of the Party Committee of Renmin University, emphasized the importance of financial system innovation and cooperation in the Greater Bay Area [3] - The conference includes discussions on various topics such as financial culture, artificial intelligence, and cross-border ecosystems, aiming to support Shenzhen's development as a technology and financial hub [6] Group 2 - Former Vice Chairman of the China Insurance Regulatory Commission, Zhou Yanli, highlighted the insurance industry's role in supporting the real economy and maintaining financial security [4] - Wang Zhongmin, former Vice Chairman of the National Social Security Fund Council, noted the Greater Bay Area's potential as a core area for "light asset, heavy capital" transformation [4]

Core Viewpoint - The 19th Shenzhen International Financial Expo and the 2025 China Financial Institutions Annual Conference have joined forces to create a high-end platform for discussing development strategies and sharing innovative experiences in the financial sector [1][2]. Group 1: Event Overview - The event is co-hosted by the Shenzhen Municipal Government and the Securities Times, marking the first collaboration between these two significant financial events [1][2]. - The theme of the 2025 China Financial Institutions Annual Conference is "Empowering and Reshaping Value," focusing on the financial sector's role in the context of China's 14th Five-Year Plan conclusion and the 15th Five-Year Plan preparation [1][2]. Group 2: Key Opportunities and Goals - Shenzhen's financial industry is positioned at a critical juncture, with three major opportunities identified: leveraging national policies, utilizing international platforms, and enhancing industry integration [2]. - The city aims to establish itself as a globally influential industrial financial center, focusing on six key areas: technology industry finance, innovative capital formation, financial technology, cross-border RMB services, wealth management, and financial security [2]. Group 3: Industry Insights - The Securities Times has evolved into a key platform for industry wisdom, enhancing the influence and professional depth of the annual conference [3]. - The conference emphasizes the importance of optimizing financial institutions and focusing on core business areas to support high-quality financial development [3]. Group 4: AI in Asset Management - AI is seen as a transformative force in asset management, helping navigate challenges such as low interest rates and increased volatility [4][5]. - The integration of AI is not optional but essential for the asset management industry, expanding service boundaries and reshaping processes [5]. Group 5: Public Fund Development Trends - The public fund industry is expected to focus on dual drivers of "industry" and "livelihood" investments, aligning with national strategies [6][7]. - Key trends include a human-centered approach, expansion of index and pension products, accelerated digital transformation, and international business development [7][8]. Group 6: Awards and Recognition - The "China Financial Industry Awards for Practicing the 'Five Major Articles'" were presented, recognizing institutions that excelled in areas such as technology finance and green finance [9][10]. - The awards aim to encourage further exploration and strategic planning among financial institutions in these critical areas [9].

"2025中国金融机构年会"主题为"聚势赋能 重塑价值"。今年恰逢"十四五"收官与"十五五"谋划的关键时点，在金融强国建设蹄疾步稳、中国特色现代金融体系加速 构建的背景下，如何更好践行金融"五篇大文章"，成为各类金融机构共同面临的时代课题。本届年会的召开，旨在为行业提供一个共商发展大计、共享创新经验的 高端平台。 两大品牌活动首次联手 在开幕式上，深圳市人民政府副秘书长吴坤生致辞时表示，本届金博会是在全面贯彻党的二十大和二十届四中全会精神的关键时期举办的一次重要盛会。本届金博 会紧扣金融"五篇大文章"核心主线，以"产业金融新高地、科创赋能向未来"为主题，集中展示金融改革开放最新成果，搭建合作交流平台，必将为深圳建设具有全 球重要影响力的产业金融中心注入强大动力。 11月19日，"第十九届深圳国际金融博览会暨2025中国金融机构年会"在深圳开幕。这是深圳市人民政府主办的"深圳国际金融博览会"与由证券时报社主办的"中国金 融机构年会"两大品牌活动首次强强联合。 吴坤生表示，当前，深圳金融业正处在动能迸发、跨越提升的黄金机遇期，要牢牢把握三大机遇：一是胸怀"国之大者"，把握政策机遇；二是立足开放前沿，善用 国际舞台 ...

据深圳市人民政府副秘书长吴坤生介绍，金博会自2007年创办以来，已从地方性展会成长为全球展览业 协会(UFI)认证的国际性专业展会。"本届金博会展览面积达1.5万平方米，汇聚来自全球多个国家和地区 的288家金融机构与企业参展，将全面展示金融支持实体经济的服务路径与丰硕成果，是一场兼具国际 视野与行业影响力的高端盛会。" 据悉，本届金博会特设持牌金融机构、金融科技、跨境金融、科创金融等九大特色主题展区，打造全谱 系金融产品展示矩阵。同时，展会首次采用"一展两会"协同格局，联动举办2025深圳国际金融大会与 2025金融科技大会，形成"国家级金融科技大会+区域顶级金融展会"的品牌叠加效应。 金博会不仅是展示平台，更是资源对接与政策发声的重要窗口。吴坤生指出，本届展会采用"1+3+N"会 议模式，包括1场开幕式暨主旨大会、3场平行大会及多场产融对接活动，推动政策、产业、资本与学术 资源高效联动。 深港联手打造全球金融科技中心 第十九届深圳国际金融博览会(以下简称"金博会")将于11月19日至21日在深圳会展中心(福田)举行。本 届金博会以"产业金融新高地，科创赋能向未来"为主题，展览面积达1.5万平方米，吸引全球 ...

这场由证券时报社主办的年度金融盛会，将汇聚来自银行、证券、保险、信托、期货等领域的数百位行业领袖，通过 六大专业论坛，共同探寻金融业高质量发展新路径。 很轻巅 分 万博3C合议 作者 ad 证券出版 ( ) 2000 0 图画照APP 图画家号 今日头条 0 微视 sino MANE O MM 4 en 网易新闻 KE 11月19-20日 中国·深圳 会议议程 11月19日 周三 9号馆 活动A区 09:00-10:20 ● 第十九届深圳国际金融博览会 2025金融科技大会开幕式 10:30-11:30 ● 2025中国金融机构年会 9号馆 活动B区 金融精英汇聚鹏城，行业领袖共议金融强国建设！ 11月的深圳，风起南海，潮涌珠江。这座将举办2026年APEC会议的创新之都，即将迎来一场金融界的思想盛宴——第 十九届深圳国际金融博览会暨2025中国金融机构年会将于11月19日至21日在深圳会展中心(福田)隆重举行，这也是两大 品牌活动首次强强联合。 13:30-17:30 ● 2025中国金融机构年会 暨2025中国银行业年会 11月20日 周四 9号馆 活动B区 09:30-11:40 ● 2025中国金融机 ...

11月的深圳，风起南海，潮涌珠江。这座将举办2026年APEC会议的创新之都，即将迎来一场金融界的思想盛宴——第十九届深圳国际金融博览会暨2025中国金融 机构年会将于11月19日至21日在深圳会展中心(福田)隆重举行，这也是两大品牌活动首次强强联合。 这场由证券时报社主办的年度金融盛会，将汇聚来自银行、证券、保险、信托、期货等领域的数百位行业领袖，通过六大专业论坛，共同探寻金融业高质量发展新 路径。 金融精英汇聚鹏城，行业领袖共议金融强国建设！ 11月19-20日 中国·深圳 会议议程 11月19日 周三 9号馆 活动A区 第十九届深圳国际金融博览会 09:00-10:20 ● 2025金融科技大会开幕式 10:30-11:30 ● 2025中国金融机构年会 9号馆 活动B区 13:30-17:30 ● 2025中国金融机构年会 暨2025中国银行业年会 9号馆 活动C区 13:30-17:30 ● 2025中国金融机构年会 暨2025中国证券业资产管理高峰论坛 "2025中国金融机构年会"以"聚势赋能 重塑价值"为主题，因为今年恰逢"十四五"收官与"十五五"谋划的关键时点。在金融强国建设蹄疾步稳、中国特色 ...

从盘活到增效 公募REITs为资本市场引来"活水" 中国基金报记者李树超王思文 在中国经济发展新格局中，公募REITs正从金融创新工具逐步成长为推动基础设施建设与经济高质量发 展的重要力量。 近日，国家发展改革委表示，已累计向证监会推荐上百个REITs项目，覆盖十大行业，预计可带动新项 目总投资超过1万亿元。 业内人士表示，公募REITs在盘活资产、优化财务、提升运营效率等方面作用显著。行业期待更多资产 类型扩容、长期资金入市、市场流通性进一步提升，推动REITs市场高质量发展。 盘活资产、优化结构、提升效率 更关键的是，公募REITs以市场化机制倒逼基础设施提升运营效率，要求管理方从"重建设"转向"重运 营"，为高质量发展注入内生动力。 为现代化基础设施体系注入活力 公募REITs的战略作用，在于盘活海量存量资产，打通投融资循环的"任督二脉"，为新增万亿元投资提 供可持续路径。 财通资管投资经理付磊对记者表示，长期以来，基础设施项目因投资规模大、资金回收周期长、退出渠 道有限，社会资本参与的积极性不高。而市场是资源配置的最有效手段之一，公募REITs二级市场的发 展完善为一级市场提供了定价基准，有利于吸引包 ...

Core Viewpoint - Public REITs in China are evolving from financial innovation tools to significant drivers of infrastructure construction and high-quality economic development [2][3]. Group 1: Role and Impact of Public REITs - The National Development and Reform Commission has recommended over 100 REITs projects to the China Securities Regulatory Commission, covering ten industries, expected to drive total new project investments exceeding 1 trillion yuan [3]. - Public REITs play a crucial role in revitalizing assets, optimizing finances, and enhancing operational efficiency, with expectations for more asset types and long-term capital inflow to promote high-quality market development [3][4]. - Public REITs create a sustainable path for new investments by revitalizing a vast amount of existing assets and facilitating the investment-financing cycle [5][10]. Group 2: Financial Structure and Efficiency - Public REITs improve corporate balance sheets and alleviate debt financing pressures for original equity holders, broadening social capital investment channels and enhancing asset diversification [6][7]. - The market-driven mechanism of public REITs compels infrastructure operators to focus on operational efficiency, injecting internal momentum for high-quality development [8][10]. - The mechanism linking value and asset operational efficiency drives the transformation of the infrastructure sector towards refinement and specialization [10]. Group 3: Future Expectations and Market Dynamics - The public REITs market is expected to further expand, with improved liquidity anticipated, especially during the 14th Five-Year Plan period [11][12]. - Long-term capital, including social security funds and pensions, is expected to enter the market as public REITs align with their risk-return profiles [12][31]. - The market sentiment for public REITs is anticipated to recover, driven by policy support and the stabilization of underlying asset cash flows [29][30]. Group 4: Investment Opportunities and Strategies - Investors are advised to focus on stable, defensive, and policy-supported REITs assets, particularly those with stable cash flows and strong operational improvements [22][23]. - The current market environment presents opportunities for long-term investment in public REITs, especially in sectors like data centers and consumption-related infrastructure [22][23]. - The adjustment in prices has enhanced the dividend yield of quality REITs, making them attractive for long-term capital [31][32].

Core Viewpoint - The article emphasizes the importance of financial education and talent cultivation in supporting the development of a strong financial nation, particularly through the organization of the National College Student Futures Investment Electronic Competition [1][3]. Group 1: Event Overview - The 7th National College Student Futures Investment Electronic Competition was held on November 15, 2025, organized by Hebei Provincial Education Department and Hebei University of Economics and Business, with participation from 116 universities across 18 provinces, resulting in 1,141 teams and 5,706 students competing [1][3]. - The competition has grown significantly over six editions, becoming a representative platform for financial practice education in Chinese universities [1]. Group 2: Educational Objectives - The competition aims to cultivate high-quality application-oriented talents by enhancing participants' practical skills in financial investment, trading strategies, innovation, and teamwork through competitive learning [3]. - It serves as a crucial platform for deepening the integration of industry and education, promoting reforms in "new liberal arts" and "new finance" education [3]. Group 3: Competition Format and Experience - The event was conducted in a "offline + online" format, supported by Zhengzhou Commodity Exchange and utilizing simulated trading accounts provided by Everbright Futures [4]. - Participants engaged in real-time trading scenarios, enhancing their investment decision-making and risk management skills through practical experience [4]. Group 4: Post-Event Initiatives - Following the competition, a forum on "integration of industry, academia, and research" is planned to discuss industry trends and talent cultivation paths, helping students understand the futures market better [6]. - Everbright Futures aims to continue improving the competition structure and content, positioning it as a training ground for innovative financial talent and a bridge for school-enterprise cooperation [6].