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Shanghai will launch a detailed plan to promote international trade in the city during the 14th Five-Year Plan period (2021-25), improve overall core competitiveness and advance a new round of opening-up, municipal government officials said on Thursday.   The plan envisages giving Shanghai the required competitive edge to be a hub for international trade. It also aims to make the city a major import and export distribution center connecting the Yangtze River Delta region and serving the entire country.   Offshore and intermediary trade is another area that is expected to play a significant role in shaping Shanghai s fortunes in the next five years, Zong Ming, vice-mayor of the city, said during a news conference. To that end, banks will provide more convenience for foreign exchange transactions in the current accounts of companies in the city. Key areas such as China (Shanghai) Pilot Free Trade Zone and Shanghai Hongqiao Central Business District will be encouraged to come up w

Yangtze riverChina generalZong mingFu boGu junShanghai municipal commission of commerceChina international import expoFive year planYangtze river deltaPilot free trade zoneShanghai hongqiao central business districtShanghai municipal commissionயாங்க்ட்ஜே நதிசீனா ஜநரல்ஜொங் மிங்ஃபூ போ