{"id":242248,"date":"2026-01-20T09:11:08","date_gmt":"2026-01-20T09:11:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/242248\/"},"modified":"2026-01-20T09:11:08","modified_gmt":"2026-01-20T09:11:08","slug":"shanghai-maps-global-financial-hub-plan-to-2035-for-world-class-and-socialist-metropolis","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/242248\/","title":{"rendered":"Shanghai maps global financial hub plan to 2035, for world-class and socialist metropolis"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Shanghai has laid out a full spectrum of goals on finance for the next five years and beyond, following an unequivocal push by China\u2019s central leadership to grow the city into an international financial centre.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">China\u2019s largest city-level economy aims to evolve into a world-class, socialist metropolis by 2035, with an intensified focus on innovation and manufacturing, according to a local document released on Monday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Shanghai unveiled its proposals for the drafting of its own 15th five-year plan, with multifaceted socio-economic goals covering the years 2026 to 2030. A full chapter in the document is dedicated to its financial centre development, throwing weight behind China\u2019s imperative to put Shanghai on the global map of financial hubs.<\/p>\n<p>This local directive came after leaders of the world\u2019s second-largest economy in October, for the first time in several years, explicitly stated the mission to accelerate Shanghai\u2019s international financial centre development, in proposals for the <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/article\/3326468\/chinas-15th-5-year-plan?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">national five-year plan<\/a>. National plans released in 2020 and 2015 did not contain such a goal for Shanghai.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Echoing Shanghai\u2019s elevated roles in national planning, the city aims to achieve all-round development on top of becoming a global financial centre, with other priorities for the next half-decade including artificial intelligence, chips, shipping and advanced manufacturing.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201c[Shanghai aims to] make decisive progress in its development into a socialist, modern international metropolis with global influence, while leading and driving Chinese-style modernisation on a national level,\u201d the proposal document stated.<\/p>\n","protected":false},"excerpt":{"rendered":"Shanghai has laid out a full spectrum of goals on finance for the next five years and beyond,&hellip;\n","protected":false},"author":2,"featured_media":242249,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[75026,365,363,138,607,142311,1039,25682,219,132833,4422,4431,4417,111,139,69,3747,104985,370,58294],"class_list":{"0":"post-242248","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-advanced-manufacturing","9":"tag-ai","10":"tag-artificial-intelligence","11":"tag-business","12":"tag-china","13":"tag-chinese-style-modernisation","14":"tag-chips","15":"tag-communist-party","16":"tag-economy","17":"tag-fu-weigang","18":"tag-guangdong","19":"tag-hong-kong","20":"tag-jiangsu","21":"tag-new-zealand","22":"tag-newzealand","23":"tag-nz","24":"tag-shanghai","25":"tag-shanghai-institute-of-finance-and-law","26":"tag-tech","27":"tag-zhejiang"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/242248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=242248"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/242248\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/242249"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=242248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=242248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=242248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}