Zürich Strategies 2025 (PDF, 52 Pages, 2 MB - Stadt Zürich

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Good general conditions for the financial sector
Initial situation
Zurich is a global financial centre. In addition to the banks and insurances, company-related
services with different job profiles characterise the Zurich location.
The financial sector is of crucial importance to the economy of the city of Zurich,
because it generates around one third of the Economic Value Added and employs one-fifth
of all workers. It is expected that the financial sector will generate up to 75 percent of the
taxes from legal entities. However, in view of its importance, its volatility represents a great
challenge.
The financial sector currently finds itself in a state of transition due to the international financial
crisis. But from the international point of view, the situation in Zurich is relatively good,
however; by means of strict framework conditions, the national financial policy ensures that
high quality financial services will continue to be provided in Switzerland in the future
through an industry that provides a high Economic Value Added.
Strategies
� Together with the Canton of Zurich, the City works to ensure good internal and
external conditions, so that the financial sector can remain efficient and reliable.
� In its relations with the Federal government, the City promotes a transparent financial
sector with a long-term perspective.
� Together with the Canton of Zurich, the City continues to pursue the Cluster Strategy
for Financial Services.