On Shanghai's International Financial Center

Finance is a national competitiveness, the main component of the establishment of an international financial center for local, The country has tremendous potential and the reality of the political and economic aspects of the strategic value. Currently, the construction of Shanghai as an international financial center has become a national strategy.As early as 1992, Shanghai has raised the international financial center's basic ideas. After 10 years of efforts, Shanghai in the financial infrastructure, transaction size, the number of agencies, innovations in financial products has made considerable progress, has become the financial center of town. Shanghai international financial center has achieved initial progress, but with New York, London, Tokyo, the three major international financial centers, there is still a big gap between Shanghai. From a national financial center of the international financial center will be a qualitative leap, Shanghai representative of the socialist construction of the financial center of China, to participate in an international financial center competition. According to "promote of the government" model of respect for the laws of the market, rely on market forces, seize the rapid and sustained economic development, financial reform and a comprehensive way, further financial liberalization, Shanghai an international economic, trade, shipping center gradual establishment of the favorable conditions and give full play to the role, fully rely on the government to promote the "advantages", learning from international experience, and follow-conventional catch up with the rapid development of the road and can not be expected to fully promote the market to accelerate the Shanghai international financial center.This paper from the international financial center model and the selection of the world's leading international financial center of Shanghai from reality into meaningful analysis hand, the Shanghai based financial development foundation in reality and conditions described Shanghai as an international financial center, the choice of mode this model and how to play a leading role in local government and specific areas through which to play a leading role in the paper.