As the first international financial organization to settle in Shanghai, the headquarters of the BRICS New Development Bank was selected as the site of the Shanghai World Expo Park.

On November 2, Zhu Xian, the deputy governor of the New Development Bank of the BRICS, said that Shanghai's ranking as the world's international financial center continues to move forward. As Shanghai's financial industry further opens up, it will inevitably lead to a new round of internationalization.

In the mid-to-long term, Shanghai has the final step towards becoming an international financial center, which is whether it can solve the issue of RMB convertibility.

"If the renminbi is convertible in the future, Shanghai's status as a true international financial center will be unshakable." (Reporter Gao Zhimiao, Chen Su, editor Wu Rui)

Editor in charge: [Liu Xian]