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Is Shanghai on track to IFC goal by 2020?

Despite the Covid-19 epidemic, China is still doing all it can to make Shanghai an international financial centre.

Shanghai's measures to soften the impact of the Covid-19 epidemic include improving financial services, increasing funding support and implementing financial support for epidemic efforts, hard-hit industries and SMEs.

THE Covid-19 outbreak has not affected the opening up of China's financial sector, or the pace of pushing Shanghai to become an international financial centre (IFC).

On Feb 14, the People's Bank of China (PBOC), China Banking and Insurance Regulatory Commission, China Securities...