Major goals for the Development of the Shanghai International Financial Center during the 12th Five-Year period

The plan sets forth goals in four major categories

Significant expansion of financial markets

Indicators	2010	2015
Trade volume on financial markets	386.2 trillion yuan	around 1,000 trillion yuan
Value of outstanding bonds	5th in the world	top 3
Trading volume of gold	First in the world	remain on top
Trading volume of financial derivatives		enter the top 5
Insurance gross premium income	69.5 billion yuan	140 billion yuan
Volume of cross-bank bankcard transaction	around 10 trillion yuan	around 25 trillion yuan

Strengthening services functions of financial sectors

Indicators	2010	2015
The proportion of direct financing from financial markets in total social financing	16.7 percent	around 22 percent
Assets under management	about 15 trillion yuan	about 30 trillion yuan

Lifting internationalization of the financial sector

Indicators	2010	2015
Number of foreign investors	Number of foreign investors in Shanghai financial markets is relatively small	the number to be significantly increased
Global influence of Shanghai financial markets	Global influence is relatively small	Expanded influence of major Shanghai securities market indices and commodities futures prices

Improving development environment for finance sectors

Indicators	2010	2015
Workers in financial sectors	245,000	320,000
Global competitiveness of financial development environment	top in the country	Much improved global competitiveness environment, with legal, tax and regulatory practices more in compliance with international standards

①　Foreign exchange trade is excluded from trade volume of financial markets

②　According to an updated accounting standard of the China Insurance Regulatory Commission (which excludes premium income from universal insurance and equity-linked life insurance), Shanghai recorded gross premium income of 69.5 billion yuan in 2010.