中央金融

Central Financial Committee: Support the use of technologies such as blockchain to develop supply chain finance and build an offshore financial system that matches Shanghai.

An important measure proposed by the Central Financial Committee in the "Opinions on Supporting the Accelerated Construction of Shanghai International Financial Center."

Supporting the use of technologies such as blockchain to develop supply chain finance aims to solve issues such as information asymmetry, poor credit transmission, and high transaction risks in supply chain finance through the characteristics of blockchain's distributed ledger, immutability, and smart contracts, thereby improving the efficiency and security of supply chain finance and promoting the development of the real economy.

Building an offshore financial system that matches Shanghai is intended to enhance the level and competitiveness of the Shanghai International Financial Center, strengthen the financial openness hub function, and make Shanghai a global center for the allocation of RMB assets and risk management. This will help attract more international funds and financial institutions to gather in Shanghai, promote the internationalization of the RMB, and increase China's voice and influence in the global financial market.
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