Ding Husong: Some Thoughts on the Construction of China’s Fund Towns

Release time:2017-04-28Author: Ding Husong

We put forward some thoughts on the basis of summarizing the development status and construction experience of domestic fund towns.Constructing a fund town is meaningful. It promotes the agglomeration and development of the private equity financial industry. Second, it enhances the effectiveness of wealth management. Third, it promotes the coordinated development of the industrial chain. Fourth, it is conducive to the transformation and upgrading of the regional economy.There are several characteristics of well-known domestic fund towns. The first is precise and beautiful spatial layout; the second is strong policy support; the third is the compound functions; the fourth is the endogenous power of the industrial cluster; the fifth is the new and lively operating mechanism.We have some thoughts on the construction of domestic fund towns. First, it is necessary to focus on the combination of creating fund towns and local development stages. Second, it is necessary to use the strengths of fund towns to achieve dislocation development. Third, it is necessary to strengthen the linkage development of the main body in fund towns.