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.
