Shanghai Aims for 55 Trillion Yuan in Asset Management by 2030
Quick Look
- Shanghai plans to deepen its global asset management center construction, aiming for 55 trillion yuan in assets under management by 2030, representing one-third of the national total.
- The plan includes enriching financial product supply, expanding futures and derivatives, and improving cross-border asset allocation channels.
AI-generated summary
Why It Matters
Shanghai is actively working to deepen its role as a global asset management center. This initiative is part of a broader strategy to enhance the city's financial market infrastructure and international competitiveness.
中新网6月2日电 据上海市人民政府网站消息,6月2日,上海市人民政府办公厅印发《关于深化上海全球资产管理中心建设的若干意见》的通知。
意见提出,力争到2030年,上海资产管理规模达55万亿元,全国占比达1/3。
意见指出,丰富金融市场基础产品供给。支持科创属性突出的科技型企业上市、并购,提高权益资产科技含量与资产质量。扩大自贸离岸债、玉兰债、熊猫债、科创债等规模,推动债券资产均衡发展。支持符合条件的资产管理机构参与不动产投资信托基金(REITs)业务,打造全国REITs产品发行交易首选地。扩大供应链票据应用,加快发展不动产信托、股权信托,优化另类资产供给。
意见强调,完善期货与衍生品风险管理工具。根据国家有关部署,加快推出液化天然气期货和期权,做好电力期货、算力期货研发准备,稳步拓展航运指数期货产品线,研发更多代表新质生产力发展方向的新型期货品种。推动科创50、深证100、创业板股指期货和期权、国债期权等产品上市,拓展标准化利率衍生品挂钩标的和期限,丰富权益类、利率类期货和期权产品。拓展外汇市场交易货币和产品序列,探索开展人民币外汇期货交易试点,丰富汇率避险工具。
意见要求,畅通资产管理境内外配置渠道。根据国家有关部署,推动优化“沪港通”“中欧通”“债券通”等机制,稳步推动REITs等纳入“沪港通”标的。支持发行香港互认基金,推动与更多境外市场开展交易型开放式指数基金(ETF)互挂、互认业务。统筹推进银行间与交易所债券市场互联互通并统一对外开放。推出更多特定期货和期权品种,推动更多符合条件的存量品种作为特定品种对外开放。稳步扩大黄金市场制度型对外开放,支持沪港黄金市场合作。
What to Watch
AI outlook — possibilities, not facts
Shanghai will successfully attract significant foreign investment into its asset management sector.
Likely · Medium term
The introduction of new futures products will enhance risk management capabilities for businesses operating in related sectors.
Very likely · Short term
Shanghai's asset management scale will reach or exceed the 55 trillion yuan target by 2030.
Likely · Long term
Open Questions
- Specific details on the implementation timeline for new futures products.
- The exact mechanisms for expanding 'Stock Connect' and 'Bond Connect' to include REITs.
- The potential impact of these policies on existing financial institutions in Shanghai and elsewhere.
- How Shanghai plans to attract and retain international talent and capital.





