The financial industry is closely linked to the city’s economic level. At the same time, geographical location, competitiveness and other factors also affect the agglomeration of the financial industry. The top ten financial centers in terms of comprehensive competitiveness are Shanghai, Beijing, Shenzhen, Guangzhou, Hangzhou, Tianjin, Nanjing, Chengdu, Chongqing and Dalian.
Shanghai
Shanghai is generally introduced as the economic center and financial center of China. Although it has never left behind Beijing and Shenzhen in the financial industry, it is at least true. There are places that are superior to the latter two, such as the largest stock exchange, the largest futures exchange, the largest foreign exchange exchange, the largest interbank lending market, etc. Some of these advantages are inherent, and some are arranged by the central government, but it is undeniable that Shanghai is the most powerful and qualified of all cities to undertake these tasks, whether in terms of hardware (geographic location, economic development level) or software (Talent, policy) on.
There are many financial institutions in Shanghai, including securities companies such as Haitong, Shenwan, Guotai Junan, Oriental, Everbright, etc.; funds include Cathay Pacific, Wells Fargo, Guolianan, Huabao Industrial, Huaan, Shanghai Investment Morgan, Guohai Franklin, etc. Banks include Schroders and China Universal; banks include Bank of Communications, Shanghai Pudong Development Bank, etc. It is worth mentioning that many companies have moved their main business to Shanghai. Although these companies are headquartered in other places, their important business departments are in Shanghai, such as Guangfa in Guangdong, Guangfa in Chengdu, Xingye in Fujian, etc. Placing a flag in Shanghai can no longer satisfy these financial companies, which shows that Shanghai, as a financial center, has indeed slowly formed an agglomeration effect. As a financial migrant worker, being able to own a cubicle in a building in Lujiazui is considered a winner in life. Although you can't say that you will be successful in the future if you join these companies, you can expect to achieve at least an annual salary of 200,000 in the short term.
2. Beijing
The capital of a country. For a centralized and nationalized country like China, this represents various behemoth central enterprises and the party with the highest central power. and the government, and is also home to major banks, securities firms, funds and regulatory agencies.
Although Beijing never mentions it as a financial center, everyone knows that Beijing is a financial center, and this status can be said to be unbreakable unless China overthrows it and starts over. Beijing's four major banks, large state-owned enterprises, one bank and three associations are all dream places for finance students. Beijing also has joint-stock banks such as CITIC and Minsheng, fund giants such as ChinaAMC, Harvest, and Celestica, as well as large securities firms such as CICC, CITIC, CITIC Construction Investment, and Galaxy, which can be said to be fully equipped. There are not many opportunities in Beijing, but the only drawback is that the political overtones are too strong, which artificially dilutes the opportunities. In addition, Beijing has many universities such as Tsinghua University and Peking University, so it is not an easy place for diaosi to develop.
3. Shenzhen
Ranked third. Shenzhen has a stock exchange, a large number of funds: Southern, Dacheng, Great Wall, E Fund, Boshi, etc., and also owns CITIC Securities (the story of CITIC Securities moving its headquarters back and forth between Beijing and Shenzhen can be regarded as the result of the game between the two places) ), Ping An, Essence, Guosen and other major securities companies. Shenzhen attaches great importance to the financial industry, which is reflected in the city's preferential treatment of financial talents. In addition, Shenzhen itself does not have a famous university, so I personally think it is very suitable for the development of diaosi.
4. Guangzhou
As an economic center city, the financial industry is certainly not lagging behind, but it is not so prominent compared with Shenzhen and Hong Kong. Guangzhou funds include E Fund, securities firms include GF, and banks also include GF. Guangzhou's only weakness is that it does not have a national financial trading platform, which has led many local financial institutions to go out and set up separate headquarters.
5. Nanjing
As the provincial capital, Nanjing has to face the reality of unstable economic status. In addition, it is close to Shanghai, so its financial industry development space is limited.