Recently, foreign financial institutions have released reports expressing optimism about the Chinese economy, continuously increasing their focus on the Chinese market. UBS's research report shows that the recovery trend presented by multiple industries will help boost corporate profits in the future. According to research by Fidelity, as the world's second-largest economy, the policy of stabilizing growth in the Chinese market has shown significant effects, with the manufacturing industry being the most prominent. Consumption has also undergone many positive changes driven by holiday tourism. Lu Bomai's research shows that thanks to the continuous efforts of stable growth policies, China's production and demand continue to recover, and new driving forces continue to be cultivated and strengthened. Zhu Bingqian, Chief Strategist of Lu Bomai Fund Management (China) Co., Ltd., stated that the government's strong commitment to economic recovery is demonstrated by its increased support for large-scale equipment upgrades and the trade in of consumer goods. While actively optimistic about the Chinese economy, foreign financial institutions are also constantly expanding their business in China. Recently, Allianz Fund, Lubomi Fund, and Morgan Asset Management have successively released announcements to increase investment in areas such as new quality productivity in China. Guo Peng, Deputy General Manager of Morgan Asset Management (China), stated that Morgan has always been optimistic about China's high-quality assets and the stability of its economic development. The company has also submitted applications for green bond related products, leveraging its globalization advantages to contribute to green finance services for the real economy. According to data from the State Administration of Foreign Exchange, in July, foreign investors increased their net holdings of domestic bonds by $20 billion, a 1.4-fold increase compared to the previous month. The enthusiasm of overseas investors to allocate RMB assets remains high. (New Society)
Edit：NingChangRun Responsible editor：LiaoXin
Source：CCTV Online
Special statement: if the pictures and texts reproduced or quoted on this site infringe your legitimate rights and interests, please contact this site, and this site will correct and delete them in time. For copyright issues and website cooperation, please contact through outlook new era email：lwxsd@liaowanghn.com
Economy
Recommended Reading Change it 
Home
