Original title: Expanding the development of the Chinese market, the American giant plans to double the number of employees in China

Reference News Network reported on January 15 that foreign media said that the source revealed thatGoldman SachsThe group plans to double the number of its employees in China within the next 5 years.

Singapore's Lianhe Zaobao website quoted a Bloomberg report on January 13 as saying that a person familiar with the matter, who asked not to be named, said that increasing the number of employees in China to 600 is part of Goldman Sachs's five-year plan.

The report said that soon after being promoted to CEO in 2018, David Solomon requested the formulation of a detailed strategy for China's development over the next 5 years. Foreign banks are preparing to enter the world's major economies, compete for their growing wealth, and seek to get a share of commercial and investment banking profits of up to 9 billion US dollars (1 US dollar is about 6.9 yuan).

At the same time, China is also seeking new investments to support its economy and attracting competition from foreign investors to boost the development of the domestic financial industry.

According to the report, as part of opening up financial markets, including asset management and insurance, the Chinese government has drawn up plans to allow foreign investment banks to fully control their subsidiaries in China by the end of this year. Goldman Sachs is applying to increase the shareholding ratio of an investment bank joint venture in China from 33% to 51%. If approved before the end of the year, it will seek full ownership.