On June 23, at the 2024 Guangzhou Special Asset Management and Development Forum, the Guangzhou Municipal Government signed a strategic cooperation agreement with 10 special asset management industry institutions including China Galaxy Asset Management Co., Ltd., Guangfa Bank Co., Ltd., China Cinda Asset Management Co., Ltd., China Greatwall Technology Group Asset Management Co., Ltd., China Oriental Asset Management Co., Ltd., KPMG Enterprise Consulting (China) Co., Ltd., China International Economic Consulting Co., Ltd., CITIC Trust Co., Ltd., JD.com, Inc., and Taobao (China) Software Co., Ltd. to build a special asset ecosystem in terms of resources, elements, and channel partners, etc., to enhance Guangzhou's position and role in the national special asset allocation system and to help prevent and resolve economic and social risks. On the same day, the Greater Bay Area Special Asset Empowerment Service Platform held a unveiling ceremony to explore the "Guangzhou Model" for special asset management.
防范化解风险，广州与10机构签协议构建特殊资产生态圈
To prevent and resolve risks, Guangzhou has signed agreements with 10 institutions to build a special asset ecosystem.
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