On Oct 18, Zhang Wenwu, deputy secretary of the Party Committee, vice chairman, and president of CITIC Group Corporation, delivered a key note speech at the Global Asset Management Forum 2025 Shanghai Suhewan Conference held in Shanghai.

He stated that CITIC Group will actively contribute to the construction of Shanghai as an international financial center. The group will anchor its services in the real economy, enhance cross-border financial services, and explore new pathways for synergies between cross-border investment banking, asset management, and wealth management. CITIC Group Corporation aims to provide secure and efficient financial solutions to help clients optimize their global asset allocation. 

Additionally, CITIC Group will focus on building a multiparty value creation ecosystem, facilitating shared investment research, joint product development, joint channel development, and collaborative risk prevention. This effort aims to drive the industry's transition from single-product sales to comprehensive lifecycle asset allocation, unlocking synergistic value across the global ecosystem. 

Furthermore, CITIC Group will advance technology development, strengthen joint R&D in financial technology, and promote the application of big data and AI technologies in areas such as intelligent investment research, asset allocation, and investor education. These initiatives are aimed at improving user experience and security. The company will also enhance infrastructure interoperability with international financial hubs and improve the global clearing and custody system to support global cooperation. 

The two-day conference, centered on the theme "Paths to the Future in a Changing World", brought together around 100 influential participants in the political, business, and academic sectors, from both China and abroad. The event featured five plenary sessions, one international dialogue, two keynote speeches, two keynote forums, two roundtable discussions, and two closed-door meetings. 

The conference also announced the establishment of the Shanghai AI-FI Laboratory and released a report on the development of the Shanghai International Financial Center.