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Shanghai municipal government issued its 15th Five-Year Plan for service-industry development, targeting measures to boost financial-market infrastructure and internationalization. Key items: expand CIPS global network coverage and support an interba

2026-06-01

Shanghai municipal government issued its 15th Five-Year Plan for service-industry development, targeting measures to boost financial-market infrastructure and internationalization. Key items: expand CIPS global network coverage and support an interbank market trade-reporting repository; deepen registration-based stock issuance reform and improve routine delisting mechanisms; develop Belt and Road bonds, panda bonds and Yulan bonds; promote futures and derivatives product innovation and pilot RMB FX futures trading; advance a trust-asset registration pilot; deepen the Lingang offshore trade-finance reform pilot; strengthen international reinsurance and global asset-management center functions; raise the international influence of Shanghai prices and indices and key commodity and energy spot/futures; and expand free-trade account functions and applications.

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2026-05-31

Iranian President: It is necessary to be honest with the people about the current situation so that they can play a role in addressing the challenges.

Iranian President: It is necessary to be honest with the people about the current situation so that they can play a role in addressing the challenges.
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