Shanghai will continue to build global asset management center: official

Shanghai will make every effort to create a world-class financial development environment, further strengthen the function of global resource allocation, and further connect the domestic and international double markets in a strategic way, a local official said.

Shanghai will make every effort to create a world-class financial development environment, further strengthen the function of global resource allocation, and further connect the domestic and international double markets in a strategic way, a local official said.

On the afternoon of August 22, Wu Qing, member of the Standing Committee of the Shanghai Municipal Party Committee and Deputy Mayor, mentioned it at an asset management forum.

Wu said that Shanghai will further promote QDLP and QFLP to make further breakthroughs in participating entities, product innovation, and investment scope.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/08/23/shanghai-will-continue-to-build-global-asset-management-center-official/.

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