The "Finance" Annual Conference 2026: Forecast and Strategy & 2025 Global Wealth Management Forum was held in Beijing from December 18 to 20, 2025. Huo Xuewen, Party Secretary and Chairman of Bank of Beijing Co., Ltd., emphasized the importance of children's financial education. The bank has established China's first child-friendly bank branch, focusing on financial literacy, traditional cultural education, and social skills development for children. It has already served 2.6 million children, helping them manage over 20 billion yuan in lucky money (red envelope savings).
"We approach children's finance with this perspective: it's not about profiting from kids, but recognizing two things adults cannot replace. When combating illegal fundraising, the biggest challenge is persuading elderly people not to invest their money. We've discovered an effective method - when grandchildren say 'don't buy this,' their grandparents actually listen. Adult children's advice often doesn't work as well. Therefore, developing the next generation's financial awareness is key to protecting people's savings," Huo explained.
He further noted that in an era of存量时代 (stock economy), nurturing children who understand money management, financial planning, and investment could potentially produce many Warren Buffetts. This would lay a solid foundation for the country's long-term development.
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