In a new guideline published this week, Shanghai is striving to become a comprehensive, highly international and open hub for asset management by 2025. At the same time, many financial institutions from around the world including BlackRock, Temasek, Goldman Sachs, Bridgewater, Vanguard and Fidelity, are eyeing China’s burgeoning asset management industry. In this episode of BizBeat, CGTN's Michael Wang brings you the details.