Shanghai 2025: The Dual Ascent of a Financial and Technological Superhub Section 1: The Financial Powerhouse 2025 Financial Snapshot: - RMB internationalization index: 5.8 (2020: 3.2) - Daily FX turnover: $98 billion (world 3) - 63 foreign banks with China headquarters - Bond market capitalization: ¥156 trillion
Shanghai's Journey to Becoming a Global Innovation Hub In the 21st century, Shanghai has emerged as a beacon of innovation and progress in China, positioning itself as a key player on the global stage. With its strategic location along the Yangtze River Delta and its status as a major international fin