DocumentCode
3721535
Title
International experience of wealth management center to building Pearl River Delta WMC
Author
Weijun Xu; Zijin Peng; Tingfang Luo
Author_Institution
School of Business Administration, South China University of Technology, Guangzhou, China
fYear
2015
fDate
7/1/2015 12:00:00 AM
Firstpage
1
Lastpage
5
Abstract
In the post financial crisis era, global wealth market still shows a steady growth trend in the remaining wave. In the period of capital market recovery, China, as the most potential wealth market in the Asia Pacific region, has a huge space of wealth growing. In this context, how to seize the growth opportunities brought by new wealth, promote private capital agglomeration and efficient utilization and finally realize the steady growth of the national economy has become an extremely significant problem. This article summarize the experiences of establishment and construction of the world famous wealth management centers using the related theories of financial center, and make a comprehensive analysis of current situation of domestic wealth management and the strengths and limitations to build a wealth management center in Pearl River Delta(PRD). Finally, we seek the enlightenment to the construction of Pearl River Delta wealth management center (WMC), and put forward some appropriate policy recommendations.
Keywords
"Economics","Investment","Europe","Cities and towns","Banking"
Publisher
ieee
Conference_Titel
Logistics, Informatics and Service Sciences (LISS), 2015 International Conference on
Type
conf
DOI
10.1109/LISS.2015.7369817
Filename
7369817
Link To Document