In February this year, central government agencies responsible for the financial sector, jointly with the Shanghai Municipal Government, released the Opinions on Further Accelerating the Development of Shanghai as an International Financial Center and Providing Financial Support for the Integrated Development of the Yangtze River Delta, in which 30 concrete policy measures were proposed and are currently being specified and implemented.
Hopefully we can see the results sometime soon. Since the COVID-19 pandemic broke out in the European and American countries, the global economy and financial sector has suffered from a calamity never seen in a century. Nevertheless, when we talk about crisis, we know there are also opportunities hidden inside.