Shanghai launches new foreign exchange payment channel for domestic freight

April 09, 2026

The system enables one-stop verification of invoice authenticity and uniqueness, effectively reducing risks associated with the duplicate use of e-invoices.

Mastercard keen on money movement

April 07, 2026

Mastercard announced a new partnership between its global money movement business, Mastercard Move, and Bank of Shanghai.

Shanghai boosts M&A funds to spur innovation

March 19, 2026

Shanghai is accelerating the establishment of a 50 billion yuan ($7.27 billion) market-oriented merger and acquisition (M&A) fund matrix to drive industry upgrades and innovation.

China set to cut forward FX risk reserve ratio to zero

February 28, 2026

China's central bank announced on Friday that it will cut the foreign exchange risk reserve ratio for forward foreign exchange sales from 20 percent to zero.

Huangpu district secures national fintech hub

January 09, 2026

The National Fintech Certification Shanghai Center has been established in Huangpu district, marking a new step in strengthening Shanghai's fintech infrastructure.

Launch of CapitaLand REIT sign of further opening-up

October 10, 2025

China's first foreign-invested consumer real estate investment trust (REIT) made a solid debut on the Shanghai Stock Exchange recently.

Global body of finance professionals announces special award program in China

September 28, 2025

The Million Dollar Round Table, a global association of financial service professionals, will launch a special award program in China in 2027.

STAR shines for innovative companies

August 11, 2025

The inclusiveness of the mechanism of the STAR Market has provided a better financing environment for quality but unprofitable "hard technology" companies.

Shanghai enhances efforts for business-friendly environment

May 12, 2025

Shanghai's continued efforts to create an amiable business environment will boost economic vibrancy and elevate market confidence, translating into growth momentum necessary to confront the headwinds in the global economy.

China's first commercially registered mediation organization opens in Shanghai

May 07, 2025

This development marks a significant milestone in China's efforts to reform its commercial mediation system, adhering to a pilot reform task.