The Shanghai Municipal Government held a press conference on August 21 to interpret the “15th Five-Year Plan for the Development of the Lingang New Area of the China Pilot Free Trade Zone”. Tao Changsheng, deputy director of the Finance Office of the Shanghai Municipal Committee, said to promote better joint development between the Lingang New Area and the Shanghai International Financial Center. Accelerate the implementation of overseas investment facilitation pilots to facilitate the cross-border reinsurance business revenue, and study and explore new risk transfer tools.

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