1、 Shanghai Guidebook for Overseas Asset Manager 2025Building Consensus and Working Together for a New Chapter in the High-Standard Opening-up of the Fund IndustryForewordOver 34 years of development,Chinas capital market has evolved from nothing to something,from something to refinement,and from refi
2、nement to robustness,forging ahead with relentless determination,bearing the mission of reform and opening up in mind.The fund industry,in particular,has been committed to internationalization despite the challenges posed by the complex and ever-changing global economic and financial environment.It
3、has embraced innovation,empowered technological advancements,and demonstrated resilience in maintaining an open and thriving market.We firmly believe that opening up means not only open policies,mechanisms,or markets for both domestic and overseas participants,but also an important initiative concer
4、ning enhancing mutual trust and building consensus.Therefore,strengthening industry cooperation and communication has been a priority for Chinas fund industry.As one of Chinas most open cities,Shanghai offers a pro-market,law-based business environment that attracts domestic and international financ
5、ial institutions as well as top-tier financial professionals.Globally,it is among the leading cities in terms of the concentration of financial institutions,the breadth of financial markets,and a welcoming business atmosphere.Over the years,Shanghais financial market has become increasingly accessib
6、le,evidenced by innovations such as the interconnected interbank and exchange bond markets,a new pilot zone for green finance reform and innovation,and the Cross-border Interbank Payment System(CIPS).According to the 14th Five-Year Plan for the Building of Shanghai International Financial Center,by