Shanghai has solidified its position as the world’s third-largest fintech center, driven by a combination of strategic policy initiatives, cutting-edge technology, and a deeply integrated financial ecosystem.

As China’s most international financial hub, the city benefits from strong industry clustering, hosting major banks, securities firms, insurers, and fintech leaders.

A key factor in Shanghai’s rise is its embrace of digital finance and technological innovation. The city has become a frontrunner in financial digitization, with advancements in payment systems, AI-driven financial services, and cross-border trade solutions.

At the same time, a comprehensive regulatory framework ensures a stable yet progressive environment for financial institutions and tech-driven enterprises.

In this exclusive interview, Professor Li Feng from the Shanghai Advanced Institute of Finance delves into what makes Shanghai a dominant financial hub. From digital currency adoption to AI-driven fintech solutions and strong policy support, he breaks down how these strengths position the city at the forefront of global finance. Watch the full discussion to learn more.