Recently, Renmin University of China released the 2025 Tianfu Financial Index Report, which evaluates the financial development of 36 "central cities" of China in 2024. The results show that Beijing ranks first, underscoring its role as China's national financial management center.

The index uses nine primary evaluation dimensions: financial markets, financial institutions, business environments, human resources, technology finance, green finance, inclusive finance, pension finance, and digital finance. The top ten cities are Beijing, Shanghai, Shenzhen, Hangzhou, Chengdu, Guangzhou, Nanjing, Chongqing, Wuhan, and Tianjin. These cities are showing steady, well-rounded progress in terms of financial development.

Beijing ranks first in six out of the nine dimensions, demonstrating a solid, modern financial system with all functions required and significant advantages, particularly in human resources, technology finance, green finance, and pension finance. 

According to the report, the city has been propelling the development of technology finance by leveraging Zhongguancun's sci-tech finance reforms to develop tailored financial products covering the entire lifecycle needs of tech enterprises. It actively utilizes policy tools such as the carbon emissions reduction tools to encourage financial institutions to establish corporate carbon account systems, thereby promoting green finance. The city has also been actively promoting the development of pension finance by strengthening top-level design, with multiple financial institutions setting up specialized pension finance outlets to enhance service experiences for elderly clients. Furthermore, Beijing has been comprehensively deepening the pilot programs for e-CNY across all scenarios, exemplified by the first use of data assets as collateral for credit extension and enhancement.

(Source: Beijing Daily)