Shanghai Finance

Financial Center

Policy Documents for Developing Shanghai As International Financial Center

1 / 5
   
 

A working conference on accelerating the construction of Shanghai into an international financial hub is held on May 11, 2009

 

1. Shanghai Regulations for Development of an International Financial Center

The State Council passed Opinions on Promoting the Development of Shanghai’s Modern Services Industries and Advanced Manufacturing Industries and Establishing an International Financial Center and Transport Hub (the Opinions) on April 14, 2009. On June 25, 2009, the second session of the 13th Shanghai People’s Congress passed the Shanghai Regulations for Development of an International Financial Center (the Regulations).

2. Supporting Regulations

The development of financial markets and an international financial center requires a large number of detailed operational-level regulations. The Shanghai Municipal Government, its various agencies, and district (county) level governments have drafted and enacted a series of supporting regulations and policy measures to meet this need.

Purpose

Authority

Date

Regulation

Elaboration of national law

Municipal Government

June 2004

Opinions on Reform and Opening and Stable Development of Capital Markets in Shanghai

Municipal Government

August 2006

Opinions on a Major Boost to the Reform and Development of the Insurance Industry in Shanghai in Line with the Intentions of the State Council

Municipal Government

May 2007

Opinions on Accelerating the Development of Shanghai as an International Finance Center in Line with the Intentions of the National Financial Work Conference

Municipal Government

May 2009

Opinions on Implementing the State Council's "Opinions on Promoting the Development of Shanghai’s Modern Services Industries and Advanced Manufacturing Industries and Establishing an International Financial Center and Transport Hub"

Attracting financial organizations and professionals

Shanghai Municipal General Office on behalf of the Office of Financial Services

June 2004

Some Opinions on Supporting the Development of Financial Institutions in Shanghai

Shanghai Municipal Office of Financial Services

July 2005

Specific Regulations for Some Opinions on Supporting the Development of Financial Institutions in Shanghai

Shanghai Municipal Office of Financial Services, Shanghai Municipal Finance Bureau

Sept 2007

Supplementary Specific Regulations for Some Opinions on Supporting the Development of Financial Institutions in Shanghai

Shanghai Municipal Office of Financial Services, Shanghai Municipal Finance Bureau

Sept 2007

Supplementary Opinions on Some Policies Supporting the Development of Foreign-Invested Banks in Shanghai

Municipal Government

August 2009

Some Rules on Attracting Financial Resources to Enhance Financial Services and Promote Development of the Finance Industry in Shanghai

Supporting non-traditional financial institutions

Shanghai Municipal General Office on behalf of the Office of Financial Services, Administration of Industry and Commerce, Agricultural Commission, Commission of Economy and Informatization

August 2008

Operational Measures for a Shanghai Microfinance Pilot Program

Shanghai Municipal General Office

May 2010

Some Opinions on a Shanghai Pilot Program in Foreign Investment in Equity Investment Enterprises

Shanghai Municipal General Office on behalf of the Office of Financial Services and the Finance Bureau

August 2010

Some Opinions on Accelerating the Development of the Finance Guarantee Industry to Better Support and Service SME Financing in Shanghai

Shanghai Municipal Office of Financial Services

August 2010

Some Opinions on Promoting the Development of Microfinance Companies in Shanghai (2010 edition)

Municipal Government

August 2010

Shanghai Pilot Measures for the Administration of Finance Guarantee Companies

Municipal Government on behalf of municipal NDRC, Finance Bureau

Oct 2010

Interim Measures for the Administration of the Venture Capital Guiding Fund of Shanghai

Shanghai Municipal Office of Financial Services, Commission of Commerce, Administration of Industry and Commerce

Dec 2010

Operational Measures for a Shanghai Pilot Program in Foreign Investment in Equity Investment Enterprises

Shanghai Municipal Office of Financial Services, Administration of Industry and Commerce, Finance Bureau, Municipal Tax Bureau

May 2011

Circular on Registration with the Administration of Industry and Commerce for Equity Investment Enterprises in Shanghai

Supporting financial innovation

Shanghai Municipal Finance Bureau, Office of Financial Services, Intellectual Property Bureau

July 2010

Circular on the Promulgation of "Operational Measures on the Pledging and Assessment of IPR in Shanghai (pilot)" and "Technical Code on the Pledging and Assessment of IPR in Shanghai (pilot)"

Shanghai Municipal General Office on behalf of the Office of Financial Services, PBoC Shanghai Branch, Finance Bureau, Commission of Commerce, Shanghai Customs, Shanghai National Tax Bureau, Shanghai Office of the CBRC

August 2010

Opinions on Promoting the Development of Renminbi Settlement for Cross-Border Trade and Related Services in Shanghai

Shanghai Municipal General Office on behalf of the Office of Financial Services, Commission of Economy and Informatization, Commission of Commerce, PBoC Shanghai Branch

March 2011

Circular on Some Opinions on Promoting the Development of Third Party Payment Services in Shanghai

Finance supporting growth in the real economy

Shanghai Municipal General Office on behalf of the Office of Financial Services and seven other departments

Nov 2009

Opinions on Increasing Financial Services and Support for Technology SMEs in Shanghai

Shanghai Municipal General Office

August 2010

Some Opinions on Strengthening the Role of Financial Services in Promoting a Shift in Growth Model and Industry Mix in Shanghai

CPC Shanghai Municipal Committee Publicity Department, Office of Financial Services, Municipal Development & Reform Commission, Finance Bureau

July 2010

Opinions on Support for the Development and Flourishing of Cultural Industries by Finance in Shanghai

 

Shanghai Municipal General Office

August 2010

Some Opinions on Strengthening the Role of Financial Services in Promoting a Shift in Growth Model and Industry Mix in Shanghai

Shanghai Municipal General Office on behalf of the Office of Financial Services and fifteen other departments

Sept 2010

Circular on Opinions on Promoting IPOs among SMEs in Shanghai

Municipal Government

March 2005

Pilot Measures for the Administration of Corporate Credit in Shanghai

Development of the credit system

Municipal Government

August 2003

Opinions on Supporting the Development of Retail Credit Systems in Shanghai