Continue to strengthen cooperation with the government, parks, Shanghai Stock Exchange, PE\VC, guarantee companies and other institutions to provide a trinity solution of “financing + integration of intelligence + technology” for various science and innovation companies, and accelerate the formation of a full life cycle covering technology companies Financial services system. Co-created a technology and financial ecosystem with SPD Silicon Valley Bank and other companies and launched investment-loan linkage business to provide precise financing support for more start-up “unicorn” companies.

Fourth is to further deepen various element market services and help the construction of Shanghai’s international financial center to strive for an advanced position. Actively participate in the China Foreign Exchange Trading Center and other RMB foreign exchange futures trading pilots to facilitate the cross-border two-way flow of RMB funds; deeply participate in the interconnection of the Shanghai bond market infrastructure to further facilitate qualified foreign institutional investors to participate in the Chinese capital market. At the same time, it strives to play a more active role in the construction of factor markets such as the Shanghai Stock Exchange, and actively provides custody and other supporting financial services for qualified foreign institutional investors to use RMB to participate in the pilot stock trading on the Sci-tech Innovation Board.

The fifth is to promote Pudong to take the lead in building a “harmonious symbiosis and green development model.” Speed ​​up the exploration of new paths for the development of green finance. Focus on innovative financial service methods, vigorously support urban renewal, green transportation, and green buildings, and promote citizens to increase the proportion of green travel and green consumption. In the new five-year plan, the establishment of green finance business development goals, efforts to expand the coverage of green assets, and increase the proportion of green manufacturing and green medium and long-term loans. Focusing on key areas such as green energy and green smart manufacturing, we will sort out asset views, and accelerate the development of Pudong’s green industry and low-carbon economic and social transformation through financial products and services such as green loans, green bonds, and carbon market transactions.

Sixth, continue to strengthen the bottom line thinking, and firmly hold the bottom line of avoiding systemic financial risks. Actively meet the relevant requirements of the “Opinions”, explore and formulate relevant risk prevention and control measures, make every effort to ensure the high-quality development of related businesses, and enhance the risk management ability in a complex environment. Establish and improve a risk prevention and control system that matches greater reform and opening up, enhance various new risk prediction and early warning capabilities, and focus on assisting regulatory agencies in strengthening the monitoring of cross-border capital flows, so as to achieve simultaneous deployment and synchronization of risk prevention and development Advance and implement simultaneously.

HSBC China: “Opinions” help Shanghai International Financial Center to a higher level

Pudong is an important fulcrum for HSBC’s business development in China. HSBC The headquarter of China is in Lujiazui, and the group also has financial service institutions such as insurance, fund management and financial technology in Pudong. As one of the first foreign banks to move to Pudong, HSBC actively participates in various financial innovation businesses, And maintain a leading position in many international financial service fields such as cross-border RMB business.

We look forward to further leveraging our international financial expertise, fully grasping the opportunities brought about by the new policy, and making new contributions to the construction of Shanghai’s international financial center. HSBC (China) Co., Ltd. President and CEO Wang Yunfeng said that the “Opinions” released this time have further expanded the opening up of various fields such as finance, science and technology innovation, and trade, and will help improve Shanghai’s “four major financial markets,” including the financial market. System” will help Shanghai International Financial Center move to a higher level and continuously strengthen its international competitiveness.

Wang Yunfeng said that as the core functional area of ​​Shanghai’s financial sector, Pudong is the bridgehead for the reform and opening up of China’s financial industry. Take the opening of the bond market as an example. Measures such as “promoting the interconnection of Shanghai bond market infrastructure” and “accelerating the unified opening up of China’s bond market including the inter-bank and exchange bond markets” mentioned in the “Opinions” will provide investment This will bring greater transaction convenience, thereby attracting more international investors to enter the Chinese bond market.

Wang Yunfeng further stated that the demand for RMB assets from global companies and investors continues to grow. The relevant measures to promote the cross-border flow of RMB funds mentioned in the “Opinions” will help further enrich RMB products and increase the willingness of foreign companies and investors to use RMB.

Regarding the “Opinions” put forward, “build an offshore financial system that matches the Shanghai International Financial Center, and support Pudong to develop offshore RMB transactions under the premise of controllable risks. “. Wang Yunfeng said that these will be very positive and beneficial explorations and attempts, which will provide convenience for those enterprises and institutions that wish to carry out offshore business in China, save costs, and further promote the circulation of RMB in the offshore and onshore markets. , Will play an important role in promoting Shanghai’s construction of a RMB financial asset allocation and risk management center.