Core Viewpoint - The "Top Ten Events for the Construction of Shanghai International Financial Center by 2025" highlights the progress and future plans for Shanghai's financial sector, emphasizing collaboration between government and enterprises to enhance Shanghai's role as a global financial hub [1][2]. Group 1: Financial Market Growth - By 2025, Shanghai's financial market transaction volume is projected to reach 40.5895 trillion yuan, a 78.4% increase from 2020 [1]. - The number of licensed financial institutions in Shanghai is expected to rise to 1,813, with a net increase of 139 institutions over five years [1]. - The growth rate of the financial industry's added value in Shanghai is anticipated to reach 9.7%, strengthening its support for the city's economic growth [1]. Group 2: Financial Reforms and Innovations - A series of financial reform and innovation pilot programs have been implemented in Shanghai since 2025, enhancing its global resource allocation capabilities [2]. - New financial products, such as futures and options for "aluminum alloy" and "offset printing paper," have been launched, and significant mergers in the investment banking sector have occurred [2]. - The establishment of the International Reinsurance Center and the launch of the "Technology Board" in the bond market are notable achievements in supporting the real economy [2]. Group 3: Collaborative Efforts for Development - The "14th Five-Year Plan" has been fully implemented, laying a solid foundation for high-quality development in the "15th Five-Year Plan" period [1]. - Shanghai aims to enhance its international financial center's competitiveness and influence through a comprehensive approach focusing on five areas: promoting openness, strengthening the financial market, improving services, ensuring risk management, and building a supportive ecosystem [4][5]. - The city is committed to aligning with international trade rules and expanding high-level financial openness, particularly in cross-border and offshore finance [4].
上海市委金融办常务副主任周小全:凝心聚力续华章 上海国际金融中心建设迈向更高能级
Xin Hua Cai Jing·2026-02-24 12:45