Tu Guangshao: Shanghai Free Trade Zone has played a certain role in the internationalization of Shanghai's financial market.

(tu Guangshao: the Shanghai Free Trade Zone has played a certain role in the internationalization of Shanghai's financial market)-- Today, at the 14th Lujiazui Forum, Tu Guangshao, chairman of the Shanghai New Institute of Finance and executive director of the Shanghai Institute of Advanced Finance of Shanghai Jiaotong University, said that in terms of finance, the Shanghai Free Trade Zone has set up a set of free trade accounts in the free trade zone, mainly a separate accounting system. Second, overseas financing and cross-border capital flows have made major adjustments in the way of macro-prudential supervision, canceling the pre-examination and approval of overseas financing, which is the adjustment of management methods and has played an important role in overseas financing and cross-border capital flows. Third, it has promoted a number of securities trading institutions and stock exchanges in the free trade zone, and set up a trading platform for international investors in the free trade zone, which has played a certain role in the internationalization of Shanghai's financial market and leading other free trade zones. Fourth, it has attracted a large number of institutions to gather, especially overseas financial institutions to gather in the free trade zone. (Wang Hong, reporter of the Financial Associated Press)