On September 10, the 2026 Inclusion · Bund Conference with the theme “Co-creating a New AI Economy” opened in Shanghai. He Qing, the deputy mayor of Shanghai, pointed out that Shanghai has become one of the cities with the most complete financial factor markets in the world. Last year, total market transactions reached 4,059 trillion yuan. The total number of licensed financial institutions in Shanghai increased to 1,813, including 564 foreign-funded financial institutions, with more than 550,000 financial workers. Shanghai has always used fintech as an important engine to enable the construction of international financial centers. In 2020 and 2024, two rounds of fintech center construction plans were implemented to push Shanghai's fintech development into a new stage of increasing momentum and upgrading quality. “Facing the future, advanced competition in the financial sector will not only be a competition of computing power, data and models on a technical level, but will also be a comprehensive competition of trust systems, institutional rules, and governance capabilities. Opportunities and challenges coexist. Only by following the trend, actively changing, and better coordinating technological innovation, scenario implementation and risk management can we seize the opportunities of the era where artificial intelligence empowers finance, seize opportunities and win initiative in the new competitive landscape of global finance.” He Qing said.

On September 10, the 2026 Inclusion · Bund Conference with the theme “Co-creating a New AI Economy” opened in Shanghai. He Qing, the deputy mayor of Shanghai, pointed out that Shanghai has become one of the cities with the most complete financial factor markets in the world. Last year, total market transactions reached 4,059 trillion yuan. The total number of licensed financial institutions in Shanghai increased to 1,813, including 564 foreign-funded financial institutions, with more than 550,000 financial workers. Shanghai has always used fintech as an important engine to enable the construction of international financial centers. In 2020 and 2024, two rounds of fintech center construction plans were implemented to push Shanghai's fintech development into a new stage of increasing momentum and upgrading quality. “Facing the future, advanced competition in the financial sector will not only be a competition of computing power, data and models on a technical level, but will also be a comprehensive competition of trust systems, institutional rules, and governance capabilities. Opportunities and challenges coexist. Only by following the trend, actively changing, and better coordinating technological innovation, scenario implementation and risk management can we seize the opportunities of the era where artificial intelligence empowers finance, seize opportunities and win initiative in the new competitive landscape of global finance.” He Qing said.