Shanghai's continued efforts to develop the asset management industry, driven by enriched product supply and optimized financial infrastructure, will facilitate the country's high-quality economic growth and further consolidate the city's role as a global financial center, said analysts and experts.

Shanghai unveiled an ambitious blueprint to strengthen its position as a global asset management hub, setting a target of 55 trillion yuan ($8.12 trillion) in assets under…

Shanghai's continued efforts to develop the asset management industry, driven by enriched product supply and optimized financial infrastructure, will facilitate the country's…