Chongqing- The modern financial sector plays a pivotal role in driving China’s economic development, with financial openness serving as a cornerstone of China’s endeavors to expand its opening up and enhance its international influence.

In this edition of Global Vision, we are honored to welcome Michael Powers, Professor of Finance at Tsinghua University and the Zurich Insurance Group Chair, as well as the former Editor-in-Chief of the esteemed journal “Risk Finance.” He provides us with insights into the transformations unfolding in China’s financial market, the impact of innovations like the digital currency pilot, and the prospects for Chongqing and Chengdu in their endeavors to establish a Western Financial Center.