Beijing Financial Street
Located in the core area of the capital, Beijing Financial Street has a construction area of more than 4 million square meters and is home to 1,800 financial institutions, including "one bank and two commissions" (the People's Bank of China, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission), managing nearly 40% of the country's financial assets, contributing CNY 362.8 billion regional annual tax revenue. It has become a "national financial management center" integrating decision-making supervision, asset management, payment and settlement, information exchange, and standard formulation.
Beijing financial street is home to high-end headquarters, not only gathered China's highest financial decision and supervision institutions like "one bank and two commissions", but also attracted more than 1,800 enterprise to settle in, including the four major state-owned commercial banks, three major policy commercial banks, the headquarters of the four major asset management companies, 60% of the insurance group headquarters and financial infrastructure such as China's modern payment system, China Central Depository & Clearing Co., Ltd., China Securities Depository and Clearing Corporation. Among them, there are 747 legal entities, which is the region with the highest concentration of the world's top 500 companies. National Equities Exchange and Quotations, as the third national securities exchange in addition to the SSE and SZSE, marks Beijing Financial Street has formulated multi-level financial market system with the national securities exchange market, credit capital market, financial assets trading market and enterprise property rights trading market as the main body. All different financial institutions with industrial impact develop rapidly in Beijing Financial Street.
Beijing Financial Street has become the world's most attractive investment destination and capital distribution center, and even a financial center with world influence.
As of the end of 2019, the financial assets of Financial Street reached CNY 111.6 trillion, accounting for nearly 35% of the country's financial assets. Among them, the four largest asset management companies in the country were all developing on Financial Street, and the assets of commercial banks in the district accounted for 41% of the national commercial banks.