The three-day Annual Conference of Financial Street Forum 2022 concluded on Wednesday. Nearly 400 participants from around the world gave insights into sharing international cooperation opportunities and overcoming global economic challenges.

The closing ceremony doubled as a celebration of the 30th anniversary of the Financial Street's construction and development, and participants complemented its various achievements. They said that the Financial Street has witnessed the growth and reform of China's financial sector and gathered a large number of financial institutions and talents, and that the development of the street is indispensable from China's robust growth, sound economic fundamentals, favorable business environment, and excellent financial talents.

Data shows that in the past decade, Beijing's total financial assets have grown from 85 trillion yuan to 190 trillion yuan, the added value of the financial sector has accounted for 20% of its GDP, and direct financing in the capital city has reached a record high.

Looking ahead, municipal officials said that Beijing will better leverage its role as the national financial management center, further open up the financial sector, and create a fair, open, and stable business environment for global financial institutions.

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