As 2022 unfolds, the global economy is faced with tremendous complications. On one hand, Covid-19 pandemic took an unexpected turn with the Omicron variant, disrupting local economy and global supply chain. On the other hand, the resulting economic and financial sanctions of the Russian-Ukraine conflict has further strained the global supply chain and amplified international financial risks. How should economies prepare themselves in terms of global financial risk management, while trying to maintain economic growth and recovery?
On March 24, 2022, China Development Institute held a webinar on the international financial development prospects, where experts provided insights on global economic landscape and opinions on counter measurements.
During this webinar, the 31st Global Financial Centres Index (GFCI 31) was jointly published by Z/Yen and CDI. GFCI 31 provides evaluations of future competitiveness and rankings for 119 financial centres around the world. The GFCI serves as a valuable reference for policy and investment decision-makers.
Date: March 24, 2022
Theme: Prospect on international financial development
With global economies struggling to revive, the global financial market is faced with both challenges and opportunities. The seminar brought together industry experts to comment on the outlook of global economy and the reshaping of international and domestic financial market.
After the seminar, the GFCI 29 launch was held in partnership between Z/Yen Group and the China Development Institute through a webinar, with the support of the Hong Kong Financial Services Development Council. The Global Financial Centres Index has been tracking the development of the world’s financial centres since 2007 and is the authoritative guide to financial centre success. The webinar presented GFCI 29 results and how financial centres are progressing, and talked about Hong Kong’s latest development and the development of Chinese financial centres more widely.
Date: March 17, 2021
Host: CDI, Z/Yen Group, Hong Kong Financial Services Development Council
Theme: Seminar on global economic outlook and launch of Global Financial Centres Index 29
The Global Financial Centres Index(GFCI) was first developed in 2005 and has been published every six months since 2007.Starting in 2016, Z/Yen and China Development Institute joined parentship and have been working closely in the production of GFCI.
On September 25, 2020, GFCI 28 was simultaneously launched in Seoul, South Korea and Shenzhen, China, with the latter being held at China Development Institute.In this edition, 111 financial centres were rated, with the top ten centres as followed, New York, London, Shanghai, Tokyo, Hong Kong, Singapore, Beijing, San Francisco, Shenzhen, Zurich. While financial centres across the globe have inevitably been impacted by the Covid-19 pandemic, the top ten centres appear to perform better than their peers.During the launch, panelists also commented on the challenges and opportunities faced by Guangdong-Hong Kong-Macao Greater Bay Area financial centres, considering the mixed performance across the leading financial centres, as well as Asia/Pacific centres.
Date: September25, 2020
Theme: Global Financial Centres Index 28 Launch and Guangdong-Hong Kong-Macao Greater Bay Area financial centres outlook