“Finance” Annual Conference 2026: Forecasting and Strategy and 2025 Global Wealth Management Forum” was held in Beijing from 18th to 20th. Zhang Wenwu, deputy party committee secretary, vice chairman and general manager of CITIC Group, said at the forum that at present, we have entered an “era of big asset management” full of changes. On the one hand, under the Fed's interest rate cut cycle, the US dollar index is likely to operate weakly. This will further increase the attractiveness of RMB assets and drive global capital to increase its allocation to the Chinese market. At the same time, the domestic low interest rate environment will gradually shift residents' asset allocation from single savings to diversified financial assets. On the other hand, along with the deepening of capital market reforms, the share of direct financing in the scale of social financing has gradually increased, and the multi-level and diversified financing system has been improved, bringing historic opportunities to the wealth management industry and direct financing market.

“Finance” Annual Conference 2026: Forecasting and Strategy and 2025 Global Wealth Management Forum” was held in Beijing from 18th to 20th. Zhang Wenwu, deputy party committee secretary, vice chairman and general manager of CITIC Group, said at the forum that at present, we have entered an “era of big asset management” full of changes. On the one hand, under the Fed's interest rate cut cycle, the US dollar index is likely to operate weakly. This will further increase the attractiveness of RMB assets and drive global capital to increase its allocation to the Chinese market. At the same time, the domestic low interest rate environment will gradually shift residents' asset allocation from single savings to diversified financial assets. On the other hand, along with the deepening of capital market reforms, the share of direct financing in the scale of social financing has gradually increased, and the multi-level and diversified financing system has been improved, bringing historic opportunities to the wealth management industry and direct financing market.