Zhou Xiaoqian, Executive Deputy Director of the Shanghai Municipal Financial Office, revealed that on June 18, the Lujiazui Forum will announce significant financial policies, focusing on three major directions:

Upgrading Cross-Border Payments: Pilot "Digital RMB + Stablecoin" dual-track clearing channels to reduce foreign exchange costs for small and medium-sized enterprises;

Shanghai-Hong Kong Financial Collaboration: Jointly establish offshore RMB stablecoin issuance standards, promote tokenization of assets such as bonds and REITs (RWA);

Expansion of Regulatory Sandboxes: Expand the scope of blockchain cross-border payment pilot projects to cover the Middle East and 16 ASEAN countries.