Business Information for Hong Kong and Shanghai

Shanghai is Mainland China's major financial and commercial center.

There are a number of major institutions within the financial sector based in Shanghai.

• People's Bank of China (PBOC) = 中国人民银行, China's central bank, controls monetary policy and regulates financial institutions. In 2005 the Shanghai headquarters of the bank was officially launched.
• Shanghai Stock Exchange 上海證券交易所 is the world's sixth-largest exchange by stock-market capitalization. It is governed by the China Securities Regulatory Commission (CSRC) 中国证券监督管理委员会
• Shanghai Futures Exchange = 上海期货交易所. Focuses on the metal, energy and chemical-related industrial products and the corresponding derivatives.  
• Shanghai Gold Exchange = 上海黄金交易所. Regulates and organizes gold transactions.
• China Foreign Exchange Trade System & National Interbank Funding Center (CFETS) = 中国外汇交易中心暨全国银行间同业拆借中心. Head office is in Shanghai. Its main functions include foreign exchange trading, RMB lending, bond trading, and exchange rate and interest rate derivatives trading.

Publications.

Shanghai Finance Yearbook = 上海金融年鉴. Provides an overview of Shanghai's finances, covering the bank industry, security industry, insurance industry and other finance organizations.

Shanghai Statistical Yearbook = 上海統計年鑒. Contains data on banking, interest rates, and the Shanghai stock market.

中国银行业2023年上半年发展回顾与展望. From 德勤中国金融服务业研究中心.

二零二一年中国证券业调查报告 Mainland China Securities Survey 2021. From 毕马威中国 KPMG China.

Finance Center

Did you know that?

• Shanghai is ranked 6th in the Global Financial Centers Index (GFCI 30) Sept 2021.
• Shanghai is ranked 6th in the Xinhua-Dow Jones International Financial Centers Development Index (2014)

The People's Bank of China (PBOC), China's central bank, controls monetary policy and regulates financial institutions.

National Financial Regulatory Administration (NFRA) 国家金融监督管理总局 oversees regulatory supervision of nearly all parts of the financial industry except securities.

Chinese Mainland Banking Survey 2023 Summary. From KPMG.

China became a member of the WTO (World Trade Organization) in 2001 opening and liberalizing its trading system.

Invest Shanghai. Creates a global network to publicize the business environment in Shanghai.

Shanghai Municipal People's Government. Provides guides for new-comers to Shanghai from outside the Chinese mainland.

Shanghai Statistical Yearbook. Includes data for import and export trade.

Chineseshipping Net. Provides shipping-related information.

The Port of Shanghai, world's no.1 in container throughput for eleven consecutive years.

Shanghai Foreign Investment Guide. From Shanghai Foreign Investment Board; Shanghai Overseas Investment Board.

Tariff and import restrictions

Trade Regulations of China (from HKTDC). Provides information on import duties, quota and licensing, customs and quarantine, trade description and labelling, and product standards.

Shanghai Customs publishes the latest official printed version of law, regulations or notices