Chapter 1: Market Infrastructure Leadership
• Comprehensive financial market system covering stocks/bonds/commodities
• World's largest carbon trading market volume (¥48 billion daily)
• 78% growth in cross-border RMB clearing since 2020
• Complete settlement/clearing infrastructure ecosystem

Chapter 2: The Digital Finance Revolution
→ 63 blockchain applications in financial services
→ AI-powered risk monitoring covering 92% of transactions
爱上海论坛 → Digital RMB pilot processes ¥2.3 trillion annually
→ "Financial Canyon" in Lujiazui houses 83 global HQs

Regulatory Innovations
✓ China's first "regulatory sandbox" for fintech
✓ 45% faster IPO approval than 2020
✓ Integrated supervision of traditional/cyber finance
✓ Green bond certification system adopted globally
上海贵族宝贝龙凤楼
Global Benchmarking (2025)
• New York: 1st in capital depth (score: 98)
• London: Leading in derivatives (score: 95)
• Hong Kong: Top Asian IPO hub (score: 94)
• Shanghai: 1st in market diversity (score: 97)

Strategic Challenges
上海夜网论坛 1. Foreign participation (only 28% of investors)
2. Limited offshore RMB product variety
3. Talent gap in cross-border finance
4. Geopolitical impacts on capital flows

The 2035 Roadmap
1. RMB fully convertible by 2028
2. Digital finance contributing 40% GDP
3. Green finance leading Asia-Pacific
4. Integrated Yangtze Delta capital markets