• 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