Shanghai's Dual Engine: How China's Financial Capital Became Its Innovation Powerhouse

I. FINANCIAL SECTOR REVOLUTIONA. Market Liberalization Milestones:1. Offshore RMB Market Expansion- Daily trading volume reaches ¥9.2 trillion in 2025 (38% YoY growth)- Cross-border payment system handles 42% of China's international settlements-

Shanghai 2025: The Dragon Head of Asia's Financial Ecosystem

Section 1: Shanghai's Financial Landscape in 2025Key Metrics:- Total financial assets: ¥86 trillion ($13.2 trillion)- Fintech adoption rate: 93% among financial institutions- Cross-border RMB settlements: ¥48 trillion annually- Green bond issuanc