Core Insights - The report presented by Hu Xiaolian emphasizes the significant progress made in the construction of Shanghai as an international financial center over the past 30 years, achieving major milestones by 2020 [1] - However, the report also highlights existing shortcomings and challenges, including the need to enhance international influence, improve market internationalization, and strengthen high-quality supporting services [1][2] Summary by Sections Progress and Achievements - By the end of 2024, the Shanghai Stock Exchange is projected to have 2,278 listed companies, with a trading volume of 108 trillion yuan, ranking fifth globally [1] - The bond custody balance is expected to reach 177 trillion yuan, placing Shanghai second in the world [1] - There are currently 1,782 licensed financial institutions in Shanghai, with foreign institutions accounting for over 30% [1] Challenges and Shortcomings - The international influence of Shanghai's financial center needs to be improved [1][2] - The internationalization level of the financial market requires enhancement [1][2] - There is an imbalance in the development of the financial market structure [1][2] - The quality of supporting services necessary for a financial center is insufficient [1][2] - The leadership in financial technology needs to be strengthened [1][2] Future Goals - The report outlines a long-term goal for Shanghai to become a top global financial center dominated by the renminbi by the middle of this century, comparable to New York and London [2] - This goal aligns with China's broader objective of becoming a modern socialist power by the same timeframe [2]
央行原副行长胡晓炼:本世纪中叶上海国际金融中心要比肩纽约伦敦
 Feng Huang Wang Cai Jing·2025-10-19 05:26
