On March 21, the Z/Yen Group, a UK think tank and the China Development Institute, a Shenzhen-based research body, jointly released the 35th Global Financial Centers Index (GFCI 35). Qingdao ranked 31st among 121 global financial centers on the list, improving by one spot over from the previous edition.

Since it made the list of GFCI for the first time in March 2016, Qingdao has ranked among top 50 global financial centers for 15 consecutive times, and therefore increasingly comes under the spotlight in the global economic and financial circle.

The GFCI 35 has evaluated and ranked global financial centers from the perspectives of business environment, human capital, infrastructure, level of financial development and reputation. According to the report, “soft power” is the most striking part of Qingdao. In the sub-ranking list for “international professional financial centers”, Qingdao ranked 3rd, improving by 6 spots compared with the last edition. In the sub-ranking list for reputation, Qingdao obtained the 5th place globally, flat with the last edition.  (Fu Jun)

The Qingdao Jinjialing Financial Cluster continues to cultivate new business modes to drive high-quality development of the modern financial industry.