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China will promote globalization of Shanghai's financial markets: Xi

Published 11/03/2019, 07:24 AM
Updated 11/03/2019, 07:26 AM
China will promote globalization of Shanghai's financial markets: Xi

BEIJING (Reuters) - China's President Xi Jinping said on Sunday that the country will promote the globalization of Shanghai's financial markets through the Belt and Road Initiative, and the city should strive to master the core links of the industry chains.

The financial hub should courageously jump into the ocean of the world's economy and fight the storms to build strong tendons and strengthen the bones, Xi said on a tour in Shanghai ahead of an import fair next week.

The newly expanded free trade zone (FTZ) in the city will serve as a hub to develop the onshore and offshore businesses in a coordinated way and a springboard for corporate overseas ambitions, Xi said.

Latest comments

I told you guys ... China is niw playing in a whole new level. I think President Xi Jing Ping is ready to bring the Economic playoff to China. He is building up an unstoppable team and he will be the New Quarterback for the next decade.
Hong Kong as Global Financial Center will gone.
but stocks up like crazy
I dont think so. the geographic location is more far and not good
Now everything digitalized already. Go China, you will supply without using paper note
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