On 18 December 2025, Zeng Linfeng, Director of the Beijing Local Financial Supervision and Administration Bureau, highlighted Beijing's efforts to establish itself as a global wealth management center during the 2026 Caijing Annual Conference. In particular, the city's sub-centers are positioned as key nodes for this initiative, demonstrating robust growth and dynamic development. Beijing plans to further leverage the unique advantages of these sub-centers to deepen reform and innovation in wealth management products and services.

Zeng outlined four priority areas for advancing Beijing's financial sector in the opening year of the 15th Five-Year Plan:

1. Promoting the Sound Development of the Financial Industry
   Beijing will strengthen its role as a national financial management hub by advancing the 15th Five-Year Plan for the financial sector. Key measures include deepening reforms across strategic areas, innovating in fintech services using credit, bonds, and capital markets, and building a distinguished Beijing service brand. These efforts aim to consolidate the financial sector's foundational role in the capital's economic development.

2. Enhancing Financial Support for the Real Economy
   Focusing on five major financial initiatives, Beijing will direct resources toward emerging productive sectors and urban refined governance priorities. Through cross-market, multi-asset allocation platforms and innovative asset management products, the city aims to foster synergies between finance and technology, supporting technological innovation and industrial development.

3. Supporting Reform and Expansion of the Beijing Stock Exchange (BSE)
   Marking its fifth anniversary in 2026, the BSE will receive continued support to enhance its reform, improve quality and capacity, and strengthen its role as a core platform for innovative small and medium-sized enterprises (SMEs).

4. Advancing Financial Opening and International Integration
   Beijing will continue to deepen the construction of financial “two zones,” facilitating market openness and cross-border investment and financing. The city will also host high-level events such as the Financial Street Forum to provide a platform for international financial exchange and cooperation.

These initiatives signal Beijing's commitment to high-standard financial development, international integration, and the creation of a globally competitive wealth management ecosystem.