Shanghai's "Eleventh Five-Year Plan" proposes steady and orderly development of futures and derivatives markets, and continued enhancement of the functions of the gold international board market.

date
19/01/2026
The Communist Party of China Shanghai Municipal Committee issued a proposal on formulating the 15th Five-Year Plan for National Economic and Social Development in Shanghai. It proposes to accelerate the improvement of the modern financial system, strengthen a powerful financial market system, actively develop direct financing, strengthen the coordinated functions of investment and financing in the capital market, promote the high-quality development of multi-level equity markets, strengthen the functions of the bond market, steadily and orderly develop futures and derivatives markets, deepen the pilot registration system for trust property, and continuously enhance the functions of the Shanghai gold international board market. It aims to establish a collaborative financial institution system, strengthen the gathering effect of foreign financial institutions, actively introduce international financial organizations, encourage large financial institutions to establish headquarters and professional subsidiaries in Shanghai, and support the development of investment banks, asset management, and wealth management institutions. It seeks to form a diversified and specialized financial product and service system, support financial market product innovation, and encourage financial institutions to develop financial products and services tailored to the needs of enterprises and residents. It also aims to improve the safe and efficient financial infrastructure system, promote the construction of a data reporting platform for the interbank market, and expand the application scenarios of general financial information transmission systems.