Nanjing has moved up 12 places in the 28th GFCI release!

The GFCI is regarded as the most authoritative global financial center ranking index,Commissioned by the City of London since 2007 by Z/Yen, a think-tank. The index rates and ranks the world’s leading financial centers in terms of their business environment, human resources, infrastructure, level of development and international reputation.

The 28th Global Financial Centers Index Report (GFCI 28) was released recently. Compared with the previous period, the ranking of Nanjing’s comprehensive competitiveness is greatly improved by 12 places, ranking 89th in the world. It ranks 7th among mainland cities, 2 places higher than the previous period. This shows that the overall level of Nanjing financial industry comprehensive competitiveness of international recognition is constantly improving!

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Nanjing relies on the pilot free trade Zone,We will deepen financial reform, strengthen cooperation with international financial centers and well-known international financial institutions and organizations, and further promote cross-border financial innovation, which will greatly enhance Nanjing’s connection with the international financial market.

 Since the 13th Five-Year Plan, the added value of Nanjing’s financial industry has increased by an average annual rate of 10.6%, the deposits and loans in local and foreign currencies by an average annual rate of 13.04%, and the premium income by an average annual rate of 36.41%. The total financial assets are nearly 8 trillion yuan, and the size of the financial market accounts for about 20% of the province. The main financial indicators, such as the added value of the financial industry, the balance of deposits and loans, the turnover of securities, and the premium income, rank first in the province.

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