Shanghai Municipal Committee Member and Executive Vice Mayor Wu Wei: Better promote the development of financial services for the real economy and ensure financial stability and growth in the face of external uncertainties through the certainty of our development.

On the morning of May 15th, Shanghai held a symposium on the coordination between government and banking. Wu Wei, member of the Standing Committee of the Shanghai Municipal Committee and Executive Deputy Mayor, emphasized at the meeting that serving the real economy is the inherent duty of the financial sector. It is necessary to adhere to a dual approach of government and market forces, focus on key industries and major projects, and better promote the development of financial services for the real economy and ensure financial stability and growth, in order to address the uncertainties in the external environment with certainty in its own development.