The Global Digital Economy Conference 2025 Digital Finance Forum released the "Global Financial Competitiveness Report 2025" on the 3rd, evaluating the global financial competitiveness of 31 countries. The United States, the United Kingdom, and Japan ranked the top three, with China placing 4th overall, an improvement of one position from last year.
As the report's presenter, Liu Dongmin, Associate Researcher at the Institute of World Economics and Politics, Chinese Academy of Social Sciences, stated that global financial competitiveness means a financial system's ability, compared to other economies, to more efficiently allocate financial resources and manage risks on a global scale, thereby promoting economic growth and social development.
The report's evaluation system includes five dimensions: financial industry competitiveness, currency competitiveness, financial infrastructure competitiveness, fintech competitiveness, and international financial governance competitiveness, with a total of 43 indicators.
The report shows that the United States ranks first in global financial competitiveness, taking the global top spot in currency competitiveness, fintech competitiveness, and international financial governance capability indicators.
The report points out that the score gap between China and the United States has narrowed for four consecutive years. Among them, China's fintech competitiveness ranked 3rd for two consecutive years and its score increased significantly this year compared to last year, mainly driven by a substantial improvement in the development potential of the fintech industry.
Liu Dongmin said: “In recent years, China's fintech has developed rapidly, particularly in two sub-indicators: AI talent index and fintech lending level.”
He said that the core of digital finance is fintech, and this is precisely the biggest driver and advantage supporting China in continuously catching up with world-leading countries.