Free Trial

Shanghai to Develop Financial Centre Further - Official

CHINA PRESS
MNI (BEIJING)

Shanghai will make further reforms to its financial centre aimed at high-quality development, according to Tu Guangshao, chairman of the Shanghai Institute of New Finance. Speaking at the Lujiazui Forum, Tu said the local government would develop the Shanghai International Financial Center 3.0, with policies to promote technological and green innovation. Authorities would expand the wealth management industry, to suit the needs of people and the real economy, Tu said. Shanghai’s finance industry would take the lead on reforms to asset-price mechanisms and risk-management functions. (Source: Yicai)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.