What is the 2026 Lujiazui Forum?

An international financial forum held in Shanghai, China, focusing on financial development and global cooperation.

What is offshore finance in Shanghai?

Specialized financial services for cross-border transactions, supporting RMB internationalization and global asset allocation.

How has China mitigated financial risks?

Local government debt and risks from small financial institutions have been reduced, with over RMB 8.1 trillion in real estate financing.

What is the RMB global asset allocation center?

An initiative to build international financial infrastructure for overseas investors to manage RMB-denominated assets.

2026 Lujiazui Forum: He Lifeng Announces China Will Establish Foreign-Related Countermeasures Clause

Key facts

2026 Lujiazui Forum: He Lifeng Announces China Will Establish Foreign-Related Countermeasures Clause
At the 2026 Lujiazui Forum, Chinese Vice Premier He Lifeng stated that China will establish legal provisions to counter unilateral sanctions and extraterritorial jurisdiction, while emphasizing effective mitigation of financial risks and support for Shanghai's offshore financial development.
Source: CNA
Date: Wed Jun 17 2026 18:39:00 GMT+0900 (Japan Standard Time)

Direct answer

At the 2026 Lujiazui Forum, Chinese Vice Premier He Lifeng stated that China will establish legal provisions to counter unilateral sanctions and extraterritorial jurisdiction, while emphasizing effective mitigation of financial risks and support for Shanghai's offshore financial development.

Citation: 2026 Lujiazui Forum: He Lifeng Announces China Will Establish Foreign-Related Countermeasures Clause (Wed Jun 17 2026 18:39:00 GMT+0900 (Japan Standard Time)), CNA
Source: CNA
Date: Wed Jun 17 2026 18:39:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

At the 2026 Lujiazui Forum, Chinese Vice Premier He Lifeng stated that China will establish legal provisions to counter unilateral sanctions and extraterritorial jurisdiction, while emphasizing effective mitigation of financial risks and support for Shanghai's offshore financial development.

AI Analysis

Frequently Asked Questions

Q: What is the 2026 Lujiazui Forum?: A: An international financial forum held in Shanghai, China, focusing on financial development and global cooperation.
Q: What are China's 'blocking and countermeasure clauses'?: A: Legal provisions to counter unjust unilateral sanctions and extraterritorial jurisdiction by blocking their domestic impact.
Q: What is offshore finance in Shanghai?: A: Specialized financial services for cross-border transactions, supporting RMB internationalization and global asset allocation.
Q: How has China mitigated financial risks?: A: Local government debt and risks from small financial institutions have been reduced, with over RMB 8.1 trillion in real estate financing.
Q: What is the RMB global asset allocation center?: A: An initiative to build international financial infrastructure for overseas investors to manage RMB-denominated assets.