Standing out from the competition

Authorities from Lujiazui Financial City in Shanghai unveil reforms to boost competitive edge on global stage

The Lujiazui Financial City, an integral element in Shanghai's ambition to become a world-leading international financial hub, recently announced reforms to its management mechanism that will help align its operations to international regulations and standards.

Government officials say that this reform will boost Lujiazui Financial City's resource allocation and influence in global financial markets, as well as accelerate the Shanghai's efforts in becoming "an excellent global city".