Pro­fes­sion­als, stu­dents to boost fi­nance goals

China Daily (Hong Kong) - - QINGDAO SPECIAL - By HAO NAN hao­nan@chi­

Q in­g­dao con­sid­ers high­cal­iber hu­man re­sources the key to ac­cel­er­at­ing the devel­op­ment of its fi­nan­cial mar­ket, which mainly fo­cuses on wealth man­age­ment.

The city has im­ple­mented many ini­tia­tives in re­cent years and has is­sued sev­eral guide­lines to strengthen its ap­peal to fi­nan­cial ex­perts.

An of­fi­cial at the city’s fi­nan­cial af­fairs of­fice said the next move is to draft sup­port­ive poli­cies and more de­tailed im­ple­men­ta­tion mea­sures to im­prove the fea­si­bil­ity and op­er­abil­ity of th­ese gov­ern­ment ini­tia­tives.

The Qing­dao gov­ern­ment ex­pects to at­tract about 50 top fi­nan­cial pro­fes­sion­als in the next five years. They will re­ceive mon­e­tary re­wards and en­joy a one-stop ser vice in terms of hous­ing, chil­dren’s ed­u­ca­tion, med­i­cal treat­ment and en­ter­ing and ex­it­ing the coun­try, ac­cord­ing to the lo­cal gov­ern­ment.

The city also ex­pects to have more than 100,000 peo­ple work­ing in its fi­nan­cial in­dus­try by 2020.

To help achieve the goal, Qing­dao Wealth Man­age­ment In­sti­tute, built by the Qing­dao city gov­ern­ment and Shanghai Univer­sity of Fi­nance and Eco­nomics, will es­tab­lish a Qing­dao-ori­ented post­grad­u­ate en­roll­ment pro­gram in 2017.

The ini­tia­tive in­volves all post­grad­u­ate stu­dents en­rolling through the pro­gram agree­ing to live and work in Qing­dao af­ter grad­u­a­tion.

“We w i l l in­vite many hu­man re­sources man­agers and ex­perts from lo­cal fi­nan­cial in­sti­tutes and com­pa­nies to ser ve as ca­reer men­tors for the stu­dents, in a bid to help them to find jobs be­fore grad­u­a­tion,” said Jiang Hui, ex­ec­u­tive dean of the Qing­dao in­sti­tute.

The in­sti­tute also signed an agree­ment with the Univer­sity of Cal­i­for­nia Berke­ley’s Haas School of Busi­ness in Au­gust to es­tab­lish an in­ter­na­tional train­ing cen­ter for fi­nan­cial pro­fes­sion­als in Qing­dao.

In 2014, Q in­g­dao gained ap­proval from the cen­tral gov­ern­ment to set up a wealth man­age­ment pi­lot zone, which has helped the city to get closer to the goal of be­com­ing a re­gional wealth man­age­ment cen­ter.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.