June 12 — At a Shanghai government briefing on the 2026 Lujiazui Forum, Zhou
Xiaoquan, executive deputy director of the Shanghai Municipal Financial Office,
said Shanghai will strengthen its role as an open financial hub and prioritize
measures to improve cross-border finance quality and efficiency and to drive
breakthroughs in offshore financial innovation to better support outbound
enterprises and Belt and Road Initiative projects. Officials from PBOC Shanghai,
the Office of the National Financial Regulatory Administration and the CSRC
Shanghai bureau attended.