Recently, Nanning has yielded remarkable results in preventing and defusing financial risks, creating a reliable and trustworthy financial environment, and maintaining good financial order, and has been awarded the supervision incentives and commendation of 2019 from the People’s Government of Guangxi Zhuang Autonomous Region.
As the measures to prevent and defuse major risks have been promoted and implemented, Nanning’s financial risks have been well managed. The financial industry is vibrant with life. According to the data, in the first quarter of this year, the added value of the financial industry in Nanning has reached 16.179 billion yuan, up 8.2% year on year, with 1.2 percentage points of economic growth. According to the 11th China Financial Center Index (CDI · CFCI) released in December 2019, Nanning was hurtling up the ranking with the fastest speed, up six places compared with that of the previous period. By the end of May this year, 106 financial institutes (enterprises) have settled in China-ASEAN Financial City.