"The competitiveness of international financial centers continues to strengthen. Recently, a reporter from the Rule of Law Daily followed the 2024" High Quality Development Research Tour "interview team to Shanghai. Wei Lu, Chief Economist of the Shanghai Development and Reform Commission, stated at the theme briefing.". Wei Lu introduced that in recent years, Shanghai has continuously strengthened the construction of financial institutions and infrastructure, promoted high-level financial opening up to the outside world, and vigorously improved the internationalization level of financial centers. In the latest Global Financial Center Index (GFCI35) ranking, Shanghai ranks 6th in the world. In 2023, the total transaction volume of the financial market reached a new high, reaching 3373.6 trillion yuan, gathering 14 national financial factor markets, and forming a multi-level financial market system and financial institution system. In 2023, the added value of Shanghai's financial industry reached 864.686 billion yuan, a year-on-year increase of 5.2%; After years of development, the development pattern of Shanghai's financial market has become increasingly perfect, gathering various national financial markets and financial infrastructure Tao Changsheng, Deputy Director of the Office of the Financial Committee of the Shanghai Municipal Party Committee, said. Regarding the high-quality development of the financial service economy, especially in terms of technological innovation and the construction of a full chain technology finance system, Tao Changsheng further introduced, "Our policy support is constantly increasing." For example, Shanghai has introduced the implementation plan and supporting measures for the construction of a science and technology innovation finance reform pilot zone. Carry out credit risk compensation for technology-based small and medium-sized enterprises and enhance the government's financing guarantee function. "In recent years, Shanghai has deeply promoted the construction of the Science and Technology Innovation Financial Reform Pilot Zone, introduced action plans to support scientific and technological innovation in core financial fields such as stocks, loans, bonds, and insurance, implemented relevant innovative measures, and conducted pilot explorations in key areas such as the Lingang New Area to deepen and improve the policy and institutional system of Shanghai's science and technology finance." At the Shanghai Science and Technology Entrepreneurship Center, Li Jing, Director of the Resource Guarantee and Management Department of the Shanghai Science and Technology Commission, introduced the construction of technology finance and high-quality incubators. In November 2023, the Shanghai Science and Technology Innovation Financial Alliance was established, covering nearly 100 financial institutions such as banks, funds, insurance, and investment institutions. It focuses on building four functional platforms for the integration of science and technology innovation finance, policy release and communication, innovative product release, and science and technology innovation financial policy pilot, providing diversified relay financial services throughout the entire life cycle for science and technology innovation enterprises in Shanghai. It is understood that after years of development, the financial and business environment in Shanghai has been continuously optimized, and the construction of financial rule of law has been deeply promoted, leading to the establishment of financial courts nationwide. The strong regulatory and risk prevention capabilities are continuously improving, and the credit and consumer protection system is further improving. The construction of a highland for financial talents is accelerating, with 500000 financial professionals in Shanghai. In the view of Lu Feng, a member of the Party Committee and Deputy General Manager of the Shanghai Futures Exchange, "preventing and resolving risks is the eternal theme of financial supervision.". In recent years, under the open macro framework, there have been frequent incidents of "black swans" and "grey rhinoceroses" that have impacted financial security and stability, which have raised higher requirements for Shanghai's ability to resist risks. Lu Feng introduced, "At present, we are continuously improving the construction level of our supervision and monitoring system, exploring the use of big data and artificial intelligence to analyze customer transaction behavior, implementing transaction behavior supervision and penetrating supervision, and resolutely achieving the" long teeth and thorns "of supervision, so that our regulatory ability is in line with the development of international financial centers and high-level opening-up, and resolutely maintaining financial stability and security." Finally, Tao Changsheng stated that Shanghai will make every effort to do a good job in the "five major articles", further improving the ability and level of financial services for high-quality economic development, and helping to promote the development of new productive forces. (Lai Xin She)