(I) Overview

Beijing Financial Street, situated on the north side of Chang'an Avenue, covers a total area of 2.59 square meters, featuring a construction area of 6 million sqm, with its 4 million square meters dedicated to office space.

As a landmark in China's financial sector, it is well-known for its unique status, concentration of financial institutions, and substantial asset scale. Over the past 30 years, Beijing Financial Street has become a national financial management center, integrating decision-making supervision, standard setting, asset management, payment and settlement, information exchange, and international cooperation. It is also a vital part of the development of the "Two Zones".

It hosts national financial regulatory bodies of 'One Committee, One Bank, and Two Commissions', namely the Financial Stability and Development Committee under the State Council, the People's Bank of China, China Banking and Insurance Regulatory Commission, and China Securities Regulatory Commission, alongside 15 financial industry associations, such as the Asset Management Association of China.

(II) Functional Positioning

Beijing Financial Street serves as a national financial management center integrating decision-making supervision, standard setting, asset management, payment and settlement, information exchange, and international cooperation, as well as Beijing's main financial area.

(III) Development Situation

Beijing Financial Street is home to nearly 1,900 financial institutions by 2023, including banks, securities firms, insurance, funds, and trust companies, along with 175 headquarters-based institutions. The added value of the financial industry in the area reached CNY 322.75 billion in 2023, reflecting a year-on-year increase of 6.8 percent. By the end of December 2023, the total assets of financial institutions here reached CNY 151.2 trillion, marking a year-on-year growth of 10.2 percent and accounting for one-third of China's total financial assets. Furthermore, Beijing Financial Street has established itself as China's hub for high-quality talents, attracting a huge number of senior financial management professionals.