China’s most senior financial regulators are converging on Shanghai this week for the Lujiazui Forum, an annual gathering that has historically served as a launchpad for major policy announcements. The two-day event, running June 17-18, will feature People’s Bank of China Governor Pan Gongsheng and Deputy Governor Zhu Hexin as keynote speakers, alongside National Financial Regulatory Administration Minister Ding Xiangqun.
What the forum actually is
The event has been running annually since 2008, co-hosted by key Chinese financial entities, and it regularly attracts a global audience. This year’s edition will feature over 70 speakers from China and abroad.
The guest list extends beyond domestic regulators. Singapore’s Monetary Authority and Hungary’s National Bank are among the international attendees.
Previous editions of the forum have produced tangible outcomes. The Shanghai-London stock connect was announced at a prior Lujiazui Forum. The STAR Market was released in 2019 and the Cross-Border Interbank Payment System (CIPS) was also launched following forum discussions.
