The Phoenix Economy: How Shanghai is Reinventing Global Capitalism with Chinese Characteristics Section 1: The Dual-Circulation EngineShanghai has perfected China's "dual-circulation" economic strategy:1. Domestic Circulation Powerhouse- Consumer market exceeding $900 billion annually- "New Retail" integration blending online/offline commerce
Shanghai’s Fintech Revolution: Where Ancient Silk Routes Meet Blockchain --- Financial Ecosystem 2.0: The Rise of the Digital Yuan Shanghai’s financial infrastructure is undergoing a quantum leap: - CBDC Leadership: Over 5 million merchants now accept the digital yuan (e-CNY), with cross-border transactions reaching