This paper discusses the binding conditions needed for theinternalization of Shanghai’s finacial business,which involves the re-establi-shment of Shanghai as an international financial centre,the restoration ofChina’s membership in GATT,the exchange rate of Renminbi,the reformof the economic structure,and the economic growth.

firstly, this paper focuses on building up a valuation indicator system which is according to the principle of easily quantification, available data, simplification and highly correlation with the performance and formation of international financial centre and is based on analysis of factors that influence the formation and performance of international financial centre.

Develop money broking and promote the construction of Shanghai as an international financial center;

The Development Strategy of Shanghai International Financial Center Construction in the Background of RMB Internationalization

An Empirical Study on the Evolution of International Financial Center and National Welfare

Building Shanghai into an International Finance Centre and the Role of Government;

The paper points out that with reference of the experience from three new international finance centers such as Singapore, Frankfort and Hong Kong, the establishment of international finance centre in Shanghai can find its breakthrough point in futures market.

The construction of international finance center should adapt to the changes and focuses on the quality of direct service,while integrating direct service and indirect service to increase the customer loyalty of indirect service.

In the resent years,Shanghai s rapid economic development together with its rise as the national finance center gives rise to the vision of its growth into an international finance center,which to a certain degree causes competitive pressure to Hong Kong and worries about its stable position as a well-known international finance center.