Overview
Building Shanghai into an international financial center is a key national strategy. In 2023, the total turnover of Shanghai's financial markets reached 3,373.63 trillion yuan, an increase of 15 percent year-on-year. The amount of direct financing reached 17.82 trillion yuan, accounting for about 90 percent of the country's total.
Read MorePolicies and Regulations
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Shanghai unveils action plan to enhance financial sector competitiveness
Financial competitiveness -
Provisions of Pudong New Area of Shanghai Municipality on Promoting the Green Finance Development
Green finance -
Regulations of Shanghai Municipality on Regional Financial Supervision and Administration
Financial supervision, administration -
Shanghai amends regulations to solidify its role as a global financial hub
Global financial hub
Financial Reform and Innovation
As it continues to blaze new trails and break fresh ground, Shanghai has become the country's pioneer for financial reform and innovation.
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Third Green Finance Forum held in Putuo district
The 2024 3rd Green Finance Forum was held on Nov 7 at the Banma Suhe International Convention Center in Putuo district as a sideline event of the 7th China International Import Expo.
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Shanghai's financial evolution captivates industry veteran
Shin Hyungkwan from South Korea has been in the financial industry for 32 years, with nearly half of that time spent in Shanghai as the CEO of China Capital Market Lab.
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Shanghai's financial sector boosts sci-tech finance for SMEs
Shanghai's financial sector, encompassing banks, insurance companies, equity exchange platforms, and fund firms, is actively advancing the strategic focus on science and technology finance to elevate the city's global financial and tech innovation stature.
Financial Opening-up
Optimized Business Environment for
Financial Sector
Shanghai cultivates an optimized business environment for the financial sector, providing strong support and opportunities for growth and collaboration.
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China promotes high-level financial opening-up
The People's Bank of China, the country's central bank, conferred with foreign financial institutions on Nov 6, vowing to further optimize the business environment and promote high-level financial opening-up.
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Policy | Shanghai unveils 22 financial measures to support talent innovation and entrepreneurship
Shanghai released its Several Measures on Financial Support for Talent Innovation and Entrepreneurship (hereby referred to as "Measures") on Sept 20, introducing 22 initiatives to provide financial services for various types of talent engaged in innovation and entrepreneurship in the city.
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Shanghai: Strengthening its role as a global financial hub
The legislature of Shanghai passed revised regulations on August 22 to further advance the city as an international financial center.