Also, the future role of the SAARCFINANCE will become more challenging in the wake of ever-growing competition and growing economic and financial integration in the SAARC region.
This strategy has two aims: one is to promote economic and financial development of the Yangtze River Delta and even the whole country; the other is to develop Shanghai into a window for China’s openingup, foreign capital utilization and international financing. Thanks to fourteen years’ development, Shanghai has become the most financially advanced city in China.