Shanghai makes steady progress in international financial center construction: official

News ESG General Updates

Date: 23rd Apr, 2025 Source: Ministry of Human Resources and Social Security Country: China Original Source

Brief

"On April 23, a central bank official said that Shanghai's international financial center construction process is progressing soundly. Notable achievements include pioneering reforms in cross-border financial services and replicable 'Shanghai experiences' that can be applied elsewhere." The action plan aims to further facilitate cross-border financial services by enhancing settlement efficiency, optimizing foreign exchange risk hedging, and strengthening financing services.

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Ministry of Human Resources and Social Security

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Shanghai makes steady progress in international financial center construction: official

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Shanghai makes steady progress in international financial center construction: official

Brief

Ministry of Human Resources and Social Security

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