On June 12 at a Shanghai briefing on the 2026 Lujiazui Forum, the National Financial Regulatory Administration said measures from last year’s Action Plan to support Shanghai as an international financial center are being implemented and showing results. The agency said it is optimizing the financial ecosystem to attract capital and foreign participation, approving two foreign insurance asset managers to open in Shanghai. Construction of the Shanghai International Reinsurance Registration and Tra

On June 12 at a Shanghai briefing on the 2026 Lujiazui Forum, the National Financial Regulatory Administration said measures from last year’s Action Plan to support Shanghai as an international financial center are being implemented and showing results. The agency said it is optimizing the financial ecosystem to attract capital and foreign participation, approving two foreign insurance asset managers to open in Shanghai. Construction of the Shanghai International Reinsurance Registration and Trading Center has accelerated, with 26 reinsurance and related institutions locating there and six overseas firms taking the first trading seats. The NFRA said it will continue to study and refine supportive policies to further strengthen Shanghai’s competitiveness and influence as an international financial center.