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Shanghai Targets Global Financial Hub Status by 2035

1/20/2026

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Story summary
  • Shanghai aims to become a leading international financial center by 2035, in line with directives from China's central leadership and the 15th five-year plan released Jan 20, 2026.
  • The plan's proposals emphasize innovation and manufacturing alongside financial development for the next five years.
  • This marks the first commitment to accelerate Shanghai's financial center growth in national planning since 2015.
  • The plan also prioritizes advancements in artificial intelligence, chips, shipping, and advanced manufacturing.