Shanghai: Constructing an International Financial Center from Multiple Dimensions.

date
09/09/2025
"Shanghai has gathered national financial markets trading platforms such as stocks, bonds, foreign exchange, gold, futures, insurance, as well as financial infrastructure such as financial product registration, custody, and clearing. At the Shanghai-themed interview briefing of the "Vibrant China Research Expedition" held on September 8, Deputy Director of the Research Bureau of the People's Bank of China, Zhang Xuechun, introduced that this year, the People's Bank of China has supported Shanghai in constructing an interbank market trading report library, continuously enhancing the breadth and depth of the financial market, and improving financial infrastructure. It was reported that the People's Bank of China had previously announced eight support policies to help increase the level and competitiveness of the construction of Shanghai as an international financial center, covering areas such as financial infrastructure, cross-border investment and financing, and innovative structural monetary policies. Zhang Xuechun stated that Shanghai has piloted blockchain digital currency, established and expanded the carbon trading market, and the International Monetary Fund Shanghai Regional Center has been officially established. Shanghai is pushing forward the construction of an international financial center from multiple dimensions, continuously enhancing competitiveness and influence."