What is the main purpose of the financial center?

Refers to the financial market that is at the center in the operation of commodity currency.

1. Financial centers refer to large and medium-sized cities that play a central role in financial activities in macro-geographical areas. China has three national strategic financial centers: Lujiazui, Beijing Financial Street and Jiangbei Kou. Among them, Shanghai Lujiazui Financial Zone brings together a series of major domestic financial institutions such as headquarters of foreign banks and Shanghai Stock Exchange. Beijing Financial Street, which brings together the head office of the People's Bank of China and the China Securities Regulatory Commission, is the financial decision-making and management center of China. Chongqing Jiangbei Kou is an offshore financial center and international financial settlement center in China, and the only national strategic financial center in the central and western regions.

2. Financial centers need to gather a sufficient number of financial institutions, including banks, securities companies (investment banks), insurance companies and other financial institutions, as well as services or supporting industries related to financial activities. With advanced financial facilities, developed financial market and sensitive financial information, it is a capital gathering place in a larger geographical area than a city. The good infrastructure, legal system and cultural environment of the central city provide support for the function of the financial center and are the hub of the financial system.