China mulls establishing special financial court in Shanghai

Updated 2018-04-25 15:49:02 Xinhua

China is considering the establishment of a financial court in Shanghai to deal with finance-related commercial and administrative cases in the city.

The decision on the establishment of Shanghai Financial Court was submitted to the Standing Committee of the National People's Congress on Wednesday for deliberation.

Briefing the lawmakers, President of the Supreme People's Court Zhou Qiang said the court would be good to bolster the international influence of China's financial justice, to forestall financial risks and steer the financial sector to serve the real economy, and to build Shanghai into an international financial center by 2020.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58March 19 2019 17:38:26

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16March 19 2019 17:38:26

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18March 19 2019 17:38:26

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords