Wednesday, January 15, 2014
ANBOUND: The Fifth Pillar of Shanghai Economic Construction
ANBOUND
The launch of Shanghai FTZ and its linkage with the construction of "four pillars" such as international economic, finance, shipping and trade, making it possible to construct the fifth pillar namely the international Renminbi center. Shanghai is expected to carry out multi-functions including setting the price of RMB, clearing and trading. In line with RMB internationalization, Shanghai has more relevant and solid advantages.