World Economic Forum Latest Development List

World Economic Forum in New York, Financial Development Report, released in 2010, the Chinese mainland in the financial development ranking from 26th in 2009, rose to No. 22.This ranking let the world see the strong strength of a developing country, my colleagues have also proved that five thousand years of Chinese history that precipitated the country, some force.

World Economic Forum, Deputy Director of Emerging Markets to say, the Chinese mainland climbed mainly from sustained and stable currencies, low sovereign risk and the rapid development of financial markets.

Ranking in the classification, the Chinese mainland in the development of non-bank financial institutions, ranking above fourth place, behind the United States, Britain and Canada. IPO and M & A in enterprises, the Chinese mainland were ranked first and sixth.

Hong Kong SAR financial development of a comprehensive ranking from fifth place last year, rising to third place, the highest ranking in Asia, after the United States and Britain. Hong Kong, China a more stable financial environment and financial system is sound and mature so that it moved up the main factors. Bilodeau financial development of Hong Kong that China was stable, there will still be a good performance in the future.

Other developed economies, the U.S. non-bank financial institutions in the development of the ranking list from last year's third place to first, after the financial crisis mainly due to its non-bank financial institutions and financial markets, the strong recovery in the continuous development of . In addition, mergers and acquisitions and asset securitization, the United States also ranks among the top, respectively, into second and first.

It is noteworthy that, although the United States and Britain ranked at the comprehensive breakdown of the first and second terms, but in the ranking of categories of financial stability, the United States ranked 39, Britain ranked 46th. U.S. dollar exchange rate movements as unknown, make it the financial stability index dropped sharply. Britain is facing the uncertainty of sovereign debt crisis, its financial stability is also poor.

Chief Operating Officer Kevin Steinberg, World Economic Forum that the financial stability of the developed countries is worrying, especially in the unstable U.S. dollar and the European sovereign debt crisis, so that the two developed economies do not face more in the future certainty.

World Economic Forum's Financial Development Report each year to provide 57 in the world financial system and capital markets in the ranking of the leading economies, financial development of their driving force for reform and development of all economies to provide reference and benchmarks.

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