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2025-07-29 19:03:33
[Shanghai: Increasing Financial Support to Stabilize Employment, Businesses, Markets, and Expectations] The second plenary (expanded) meeting of the Shanghai Municipal Party Committee's Financial Committee for 2025 was held today (July 29th). Gong Zheng, Deputy Secretary of the Shanghai Municipal Party Committee, Mayor, and Director of the Shanghai Municipal Party Committee's Financial Committee, emphasized the importance of conducting research and planning for the 15th Five-Year Plan for the development of an international financial center, scientifically assessing the situation, benchmarking against international best practices, and adhering to open-door consultation to better serve the development of a financial powerhouse. We must continuously strive to enhance the contribution of Shanghai's financial industry to economic growth, increase financial support to stabilize employment, businesses, markets, and expectations, and improve the quality and efficiency of financial services, contributing to consolidating and strengthening the city's economic recovery. At the same time, we must firmly maintain the bottom line of preventing systemic financial risks. (Shanghai News Release)
