Learning from case studies
Print Edition
SHANGHAI has unveiled a second round of case studies of companies which undertook financial innovations in free trade accounts and growing cross-border yuan trade in the pilot free trade zone.
The Shanghai Financial Services Office said the case studies, to be unveiled regularly, aim to create more innovative financial services for trade and investment in the zone.
By the end of June, nearly 500 free trade accounts have been opened by companies, financial institutions and individuals based in the FTZ and overseas, Dai Haibo, deputy director of the zone’s management committee, said at a meeting in Shanghai.
The cross-border yuan trade in the FTZ soared 169 percent annually to 80 billion yuan in May.
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