Why is the "Shanghai price" increasingly being used as a pricing benchmark in international trade? In this exclusive interview, Li Feng from the Shanghai Advanced Institute of Finance explores how Shanghai’s futures markets are shaping global pricing, particularly in commodities like energy and metals.

As the city opens its markets to global investors and attracts diverse participants, its pricing power continues to grow. Looking ahead, promoting RMB settlement, expanding foreign access to commodity derivatives, and developing world-class exchanges could further enhance its role. How will this impact global trade? Watch now for expert insights into this evolving trend.