Several Opinions on Deepening the Development of Shanghai as a Global Asset Management Center

Shanghai has released a new set of guidelines to accelerate its development as a global asset management center, with assets under management in the city projected to reach 55 trillion yuan ($8.11 trillion) by 2030, accounting for one-third of the national total.

Issuing Authority: General Office of the Shanghai Municipal People's Government

Issued on: June 2, 2026

Effective Date: June 1, 2026

Applicable Area: Municipality-wide

Type: Local Policy

Chinese

• Shanghai aims to build global asset management hub
• Shanghai eyes 55 trillion-yuan asset management market