Goldman Sachs reports forecast: 2030 China stock market value as the world's first

The latest report released this morning by Goldman Sachs, the world's leading investment bank, shows that with rising investment and strong economic momentum, the market capitalisation of China's stock market is likely to overtake the US as the world's first in 2030.　　Goldman Sachs said that 20 years later, the "Brics" in the global stock market share will reach 41%, in 20 years, the Chinese stock market will account for nearly 30% of Goldman Sachs particularly bullish on the prospects of China's stock market.　　The report says China's share of the global stock market has risen to 11% from 1% before 10, and is expected to climb to 28% in the next 20 years.　　The report further points out that by 2030, China could climb to the top of the global stock market, while the US could only take the second place and India would follow.　　Goldman Sachs said that, looking at the future 20 years of development prospects, the world's emerging countries, the stock market is expected to grow from the current 14 trillion U.S. dollars to the size of 80 trillion dollars, will be now more than five times times.　　In addition, emerging countries ' share of global equities will rise from today's 31% to 55%. The report notes that China, Brazil, Russia and India, the BRIC countries, will have a total share of 41% in the global stock market in 20 years.　　By then, emerging countries will dominate the global financial arena.　　In 20 years, developed countries will buy $ trillion of emerging market equities. Goldman Sachs points out that the share of developed country investment in emerging market assets is now 6%, but as emerging markets continue to grow, the share will reach 10% by 2020, and 2030 will rise to 18%.　　Into the total value of assets, equal to the next 20 years, the developed countries will buy 4 trillion U.S. dollars emerging market stocks.　　Goldman Sachs believes that financial intermediaries in the development process will be sitting on huge business opportunities. Goldman Sachs predicts that it will earn 420 billion of billions of dollars in revenue from major equity issuers and two-tier markets alone. Wen/journalist Lishiang Wang Jinhu 2030 World stock market ranking Country first China second US third India fourth Japan fourth (side) Brazil sixth Russia