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.