【2025外滩年会】上海清算所董事长马贱阳：拓展境内外双向融资渠道

Core Viewpoint - Shanghai Clearing House has established itself as a leading global financial infrastructure, particularly in foreign exchange clearing and RMB asset management, contributing significantly to the development of Shanghai as an international financial center [1][5]. Group 1: Financial Infrastructure - Shanghai Clearing House has built six major platforms to support the construction of Shanghai as an international financial center, making it the largest foreign exchange clearing platform globally [1]. - It serves as a key bond issuance platform with a bond custody volume nearing 50 trillion yuan [1]. - The clearing house is also a major platform for over-the-counter clearing of bulk commodities and has extensive cross-border connectivity [1]. Group 2: Unique Role and Standards - The unique role of Shanghai Clearing House as a financial infrastructure is highlighted by its internationality, safety, and leadership [5]. - It has established a global network interconnected with major international infrastructures, enhancing the participation of international institutions in Shanghai's financial market [5]. - The risk control standards set by Shanghai Clearing House have become global benchmarks, aligning with international standards, regulations, and ESG criteria [5]. Group 3: Product and Channel Development - Shanghai Clearing House has introduced the "Yulan Bond" as a cross-border financing brand, facilitating domestic institutions in raising funds abroad, with the first non-financial enterprise "Yulan Bond" launched in November last year [6]. - It has supported nearly 900 billion yuan in "Panda Bonds" financing within the domestic market [6]. - The clearing house has established cross-border dual-channel custody pathways, with "Northbound" and "Southbound" custody balances reaching 340 billion yuan and 580 billion yuan, respectively, by the end of September [6].