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=== Financial services === Shenzhen is home to a number of large financial institutions, such as [[China Merchants Bank]]<ref>{{Cite web|url=http://file.cmbimg.com/cmbir/201904/476b7790-2259-4f08-a457-f1437d92620b.pdf|title=Annual Report 2018|date=2019-03-22|publisher=China Merchants Bank Company Limited|access-date=2019-08-09|archive-date=2 June 2019|archive-url=https://web.archive.org/web/20190602022420/http://file.cmbimg.com/cmbir/201904/476b7790-2259-4f08-a457-f1437d92620b.pdf|url-status=live}}</ref> and [[Ping An Insurance]]<ref>{{Cite press release|url=https://www.prnewswire.com/news-releases/ping-an-ranked-29th-in-fortunes-2019-global-500-top-4-in-financial-sector-300888635.html|title=Ping An Ranked 29th in Fortune's 2019 Global 500, Top 4 in Financial Sector|author=Ping An Group|via=PR Newswire|website=prnewswire.com|language=en|access-date=2019-08-09}}</ref> and its subsidiary [[Ping An Bank]].<ref>{{Cite web|url=http://bank.pingan.com/about/index.shtml|script-title=zh:关于银行-平安银行|website=bank.pingan.com|access-date=2019-08-09|archive-date=9 August 2019|archive-url=https://web.archive.org/web/20190809230614/http://bank.pingan.com/about/index.shtml|url-status=live}}</ref> Since the city's establishment as a SEZ, a number of foreign banks had established offices in the city, including [[Citibank]], [[HSBC]], [[Standard Chartered]], and [[Bank of East Asia]].<ref>{{cite news|url=http://news.sohu.com/20070312/n248653952.shtml|script-title=zh:外资银行加速抢滩深圳市场|author=深圳特区报|date=2007-03-12|script-work=zh:深圳证券交易所 |via=Sohu |access-date=2011-11-12|archive-url=https://web.archive.org/web/20160304223443/http://news.sohu.com/20070312/n248653952.shtml|archive-date=2016-03-04|url-status=live}}</ref> In total, the financial industry accounts for 14.5% of the city's nominal GDP in 2015 (254.282 billion RMB), which was a 15.9% increase over the previous year.<ref name="2015统计公报2"/> By the end of 2016, the total assets of the financial industry amounted to 12.7 trillion RMB (banking industry assets were 7.85 trillion RMB, security companies assets were 1.25 trillion RMB, and insurance industry assets were 3.6 trillion RMB), making Shenzhen's financial industry the third largest in China.<ref name="2016年深圳金融业发展基本情况">{{cite web|url=http://www.jr.sz.gov.cn/sjrb/xxgk/sjtj/zxtjxx/201708/t20170808_8071112.htm|script-title=zh:2016年深圳金融业发展基本情况|publisher=Office of Financial Development Services, Shenzhen People's Government ({{lang|zh-Hans|深圳市人民政府金融发展服务办公室}})|archive-url=https://web.archive.org/web/20170825192135/http://www.jr.sz.gov.cn/sjrb/xxgk/sjtj/zxtjxx/201708/t20170808_8071112.htm|archive-date=25 August 2017|url-status=dead|access-date=2017-02-12}}</ref> Shenzhen is one of the world's [[Global Financial Centres Index|top ten financial centers]] as of 2019, jumping five places to ninth place as determined by "variety of areas of competitiveness, including business environment, human capital, infrastructure, financial sector development and reputation."<ref>{{Cite web|url=https://www.scmp.com/business/companies/article/3028150/shenzhen-worlds-top-10-financial-centres-first-time-2010-while|title=Shenzhen, Hong Kong among top 10 global financial centres|date=2019-09-20|publisher=South China Morning Post|language=en|access-date=2019-09-22|archive-date=7 September 2024|archive-url=https://web.archive.org/web/20240907220609/https://www.scmp.com/business/companies/article/3028150/shenzhen-worlds-top-10-financial-centres-first-time-2010-while|url-status=live}}</ref>
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