At a June 12 press briefing in Shanghai, the National Financial Regulatory
Administration said last year’s Action Plan to support Shanghai as an
international financial center is being steadily implemented. To expand
institutional opening, regulators are piloting non-resident acquisition loans in
the Lingang New Area to support outbound M&A; as of end-Q1 2026, 19 such loans
have been issued, totaling 11.3 bln yuan. The NFRA said it is pressing ahead
with a Shanghai international reinsurance center: through May the international
reinsurance platform recorded 7.5 bln yuan of traded premiums and 62.6 bln yuan
of registered premiums, up 256% and 28% YoY respectively.
