上海市委常委、常务副市长吴伟：深化高水平制度型开放，提升金融市场国际化水平

Core Insights - The Shanghai International Financial Center is being accelerated as part of a major strategic deployment by the central government, with a clear roadmap established for its development [2][3] Group 1: Financial Market Expansion - The total trading volume of Shanghai's financial market reached 29.6783 trillion yuan from January to September, marking a year-on-year increase of 12.7% [3] - Shanghai has established 15 financial element markets and infrastructure, including stock, bond, futures, currency, bills, foreign exchange, gold, and insurance markets, with stock market capitalization and interbank bond market size ranking among the top globally [3] Group 2: Financial Institutions Gathering - Several foreign financial institutions, including Societe Generale and AXA, have opened operations in Shanghai this year, contributing to a significant presence of foreign banks and joint venture fund management companies [3] - Foreign institutions account for about half of the total number of foreign-funded banks and joint venture fund management companies in mainland China, with nearly 30% of the national asset management scale attributed to these foreign entities [3] Group 3: Financial Reform and Opening Up - Key mechanisms such as "Shanghai-Hong Kong Stock Connect," "Shanghai-London Stock Connect," and "Bond Connect" have been successfully launched, enhancing Shanghai's influence in the international commodity market [3] - The Shanghai Futures Exchange has achieved full coverage of options in the non-ferrous metals sector, with "Shanghai Gold," "Shanghai Oil," "Shanghai Copper," and "Shanghai Rubber" gaining more impact in the global market [3] Group 4: Legal Environment Optimization - Shanghai has established specialized institutions such as financial courts and arbitration centers, and has revised local financial regulations to support the development of the international financial center [3] Group 5: Future Outlook - The focus will be on deepening high-level institutional opening, enhancing the internationalization of financial markets, and attracting more quality financial resources to strengthen the competitiveness and influence of the Shanghai International Financial Center [4]