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 Finan

2026-06-12

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.