China’s investment management opportunity
中国的投资管理机遇
Reforms could create a multitrillion-dollar market for foreign firms
改革可以为外国公司创造数万亿美元的市场
China's reforms have opened a $30.2-trillion opportunity for foreign investment managers. To win in this complex market, foreign firms should develop segment-specific strategies, alternative data capabilities, and partner with online wealth platforms.
中国的改革为外国投资管理公司提供了30.2万亿美元的机会。为了在这个复杂的市场中取胜，外国公司应该制定特定于细分市场的战略、替代数据能力，并与在线财富平台合作。
Key takeaways
关键外卖
The Chinese government is reforming the country’s pension system, capital markets, and investment management industry as a part of a bigger plan to curb an anticipated retirement savings deficit.
中国ZF正在改革养老金制度、资本市场和投资管理行业，作为遏制预期退休储蓄赤字的更大计划的一部分。
Foreign investment managers have the opportunity to play a greater role in the tightly regulated industry, potentially managing a sizeable chunk of the US$30.2-trillion addressable retail financial wealth by 2023.
外国投资管理公司有机会在监管严格的行业中发挥更大的作用，到2023年，它们有可能管理30.2万亿美元可寻址零售金融财富中相当大的一部分。
China: Investment management’s next big opportunity
中国：投资管理的下一个重大机遇
With the Chinese government set to eliminate restrictions on foreign ownership of fund management firms in 2020, many investment managers worldwide are eagerly eyeing China as their next big growth opportunity.2 The potential market is vast: By 2023, the country’s total addressable retail financial wealth is expected to reach US$30.2 trillion, with US$3.4 trillion in retail assets under management (AUM) in Chinese publicly registered funds.
随着中国ZF将在2020年取消对外资持有基金管理公司的限制，全球许多投资经理都热切地将中国视为下一个巨大的增长机会。2潜在市场广阔：到2023年，中国可寻址的零售金融财富总额有望达到30.2万亿美元，在中国公开注册的基金中，管理着3.4万亿美元的零售资产。