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69 Shanghai financial innovation projects receive awards
2016-10-24
69 dominant financial innovation projects won innovation awards at the Shanghai Financial Innovation Awards 2015, including the construction and management project of China International Payment System (CIPS).
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Central Bank expands pilot programs on full-caliber cross-border financing
2016-10-24
The People's Bank of China, the country’s central bank, issued a notice on expanding pilot programs on full-caliber cross-border financing macro-prudential management on January 22.
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Benefits for global talents working in Shanghai
2016-10-24
Overseas professionals in Shanghai, who have been introduced by the Thousand Talents Plan, a national program to bring in top global talents to the Chinese mainland.
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Apple Pay steps into crowded mobile payment market
2016-10-24
Apple officially launched its Apple Pay service in China on Feb 18, through a partnership with China UnionPay and more than 20 Chinese banks, entering the country's competitive mobile payment race.
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China property giant opening small loan company in Lujiazui
2016-10-24
The Dalian Wanda Group, a property and entertainment conglomerate, announced the opening of a small loan company in the Lujiazui financial area of Shanghai's Pudong New District, Pudong Times reported on March 2, explaining that this gives the district 25 of these companies.
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Shanghai poised for bigger role in international arbitration
2016-10-24
Shanghai is poised for a greater role in international arbitration in the Asia-Pacific region with the growth in the number of institutions offering mediation and stronger support from the courts, the president of the International Bar Association said.