Foreign exchange bureau Wu level: use blockchain technology to connect warehouse receipts, innovate offshore transfer trading

On April 13, the China (Shanghai) Pilot Free Trade Zone Offshore Transfer Trading Industrial Service Center was launched in the Waigaoqiao Free Trade Zone. In response to the difficulty of reviewing the authenticity of offshore re-sale trading, Wu Shunsheng, deputy director of the Shanghai Branch of the State Administration of Foreign Exchange, expressed support for the establishment of relevant warehousing alliances, exploring the construction of warehousing warehouses and connecting them with blockchain technology to innovate offshore International practice.