The13th Five-year Plan for the Development of Chengdu’s Financial Industrywas officially released in the 2017 Western Financial Forum on May 11. Prof. WANG Qing, Vice Prof. DONG Qingma, Vice Prof. LI Xue, Vice Prof. WEN Xiaoqian, Vice Prof. SHANG Yuhuang and Vice Prof. PAN Zhiyuan of the Institute of Chinese Finance and Studies(ICFS) all got involved in the formulation of the plan.

According to the plan, focusing on the goal of becoming a national central city which fully reflected the new concept of development, and based on the key functional requirements of building the western financial center, we would strengthen the financial institution agglomeration center, the financial market and trading center, the financial back-office and service center and the financial talent aggregation center, as well as strive to build pioneer areas of capital market, wealth management, venture capital financing, financial settlement and new finance. We would promote the in-depth development of the pattern of financial industry aggregation, informationalization and internationalization, build a modern financial industry supporting system that fully reflects the new concept of development as a national central city, and establish a western financial center in Sichuan that aims to serve the west and affect the entire country and even the world.

According to the plan, Chengdu would strengthen the status of Chengdu Financial Headquarters Business District as an important geographical space for the construction of the western financial center, and give full play to the agglomeration of the industry regulators and the financial headquarters, and focus on the development of finance headquarters, traditional finance and asset management business. In Tianfu Square-Houzimen-Luomashi area, a provincial financial service industry cluster will be built. An institution of finance and economics of SWUFE would also be built. We would promote the construction of the transformation zone of scientific and technological achievements and the exhibition base of financial culture of universities. Besides, we would also build a new type of high-level financial research think tank, a cluster of financial intermediaries, an incubator for financial innovation and a booster for industry-finance integration which is based in the west, affects the entire country and faces the world.