Xi Jinping: To enhance price influence of important commodities to better serve and lead the development of the real economy

SHANGHAI, Nov 13 (SMM)—Chinese President Xi Jinping emphasized on November 12 at the celebration conference of the 30th anniversary of opening and development of Shanghai Pudong that we should start with the opening of Shangahi Pudong, and then further open cities along the Yangtze River, and build Shanghai into one of the international economic, financial and trade centers as soon as possible. The Central Committee of the Communist Party of China has also assigned a series of national strategic tasks to Pudong.

Xi stressed that China should create a new height of independent innovation and accelerate creation of world-class industrial clusters in the fields of integrated circuits, biomedicine and artificial intelligence, so as to better play the role of Shanghai free trade pilot area. We should also improve the financial market system, product system, institutional framework and infrastructure system, build an international financial asset trading platform and enhance price influence of important commodities to better serve and lead the development of the real economy.