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Ambassador of Ethiopia to Russia Uriat Cham Ugala/ “Joining BRICS is a growth opportunity for Ethiopia”
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Douw Vermaak/ «Relations between Russia and South Africa are getting stronger»
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Anthony Phiri, Harare Institute of Technology/"The world needs to work together to reduce greenhouse gas emissions"
18.04.2411:18 Culture
Young actors from BRICS+ countries to undergo training at one of the best theatre universities in Russia
11.04.2417:12 Society
UAE joins media co-operation with BRICS countries through TV BRICS network
05.04.2415:17 Society
TV BRICS to promote Cuba's co-operation with BRICS+ countries in the film industry
China
29.01.19 00:00
Economics

It will bring about the opportunity of distribution of the world cash flows

It will bring about the opportunity of distribution of the world cash flows.


By 2020, Shanghai will get the status of an international financial center. It will bring about the opportunityof distribution of world cash flows.

The corresponding tasks are designated in the Shanghai International Financial Center Action Plan (2018-2020). To put the ambitious plans into action, it will be necessary to increase the international influence of Shanghai, because in future, the city will have to correspond with the economic power of China.

It is also necessary to take care of the competitiveness of industries, to allocate resources efficiently, and to reduce financial risks, reports the Sibnovosti.ru news agency, with the reference to RIA Novosti.

All of this will facilitate the main aim, which is the safety of financial operations, and a high-class business environment.
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