On February 17, the Macro-Finance Salon (No. 174) and Release of the Evaluation Report of China’s Wealth Management Capability (2021) was held online. The session was hosted by School of Finance, Renmin University of China (RUC) and organized by the International Monetary Research Institute (IMI) of RUC and the Financial Research Center of China Securities Jinniu (Beijing) Investment Consulting Co., Ltd.

During the session, keynote speeches were delivered by Wang Zhongmin, Chairman of Shenzhen Institute of Financial Stability and Development and former Vice-chairman of National Council for Social Security Fund (NCSSF), and Wang Guogang, professor of School of Finance, RUC and member of Chinese Academy of Social Sciences (CASS).

The participants included (in the alphabetical order of surnames): Chen Daofu, Deputy Director of the Financial Research Institute of the Development Research Center of the State Council; Cao Deyun, Secretary General of the Insurance Asset Management Association of China (IAMAC); Cheng Jiajun, President of China Wealth (Asset) Management Registry and Custody Co., Ltd; Gu Weiping, former President of Xingyin Financial Management Co., Ltd.; Wang Jun, Chairman of Ant (Hangzhou) Fund Sales Co., Ltd.; Wu Yuemin, Assistant General Manager of GF Securities; Xu Dai, General Manager of Mingya Fund Management Co., Ltd.; and Yang Zaiping, Founding Secretary General of Asian Financial Cooperation Association (AFCA) and former full-time Vice President of China Banking Association (CBA). IMI Deputy Director Song Ke introduced the main content of the Report:

In order to further grasp the development of the wealth management industry in China and provide practical guidance and decision-making reference for this industry, IMI has produced the Evaluation Report on China’s Wealth Management Capability. The report introduces the development background of wealth management in China with a focus on the sector development in the era of great wealth management and the evaluation of the wealth management capability of different financial institutions.