USEUROPEAFRICAASIA 中文双语Français
Home / Business

Shanghai eyes Belt and Road key role

By Wu Yiyao in Shanghai | China Daily | Updated: 2017-10-12 07:08

Shanghai aims to become an investment and financing hub for markets involved in the Belt and Road Initiative and a global renminbi financial services center, said city authorities on Wednesday.

"The city will step up the opening of the financial market, leveraging resources and innovative mechanisms at the China (Shanghai) Piloted Free Trade Zone, such as cross-border financing and investment, and the issuance of renminbi-denominated bonds," said Tang Zhiping, director of the Shanghai Municipal Development and Reform Commission.

Shanghai municipal government released a circular on Wednesday that includes 60 measures to maximize the impact of existing policies to better serve demands from countries and regions involved in the Belt and Road Initiative in aspects including trade and financing, cultural exchanges, education and human resources, innovation and technological development, and policymaking.

Shanghai eyes Belt and Road key role

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US