Foresight News reported, citing Sina Finance, that at the 7th Shanghai International Fintech Forum, the Shanghai Fintech Industry Alliance released the "Shanghai Fintech Development White Paper (2025)." According to the white paper, the scale of Shanghai's fintech industry in 2024 is approximately 440.5 billion yuan. The application level of fintech, such as digital RMB and artificial intelligence implementation, is gradually improving, and application scenarios are continuously expanding. The financial factor market, financial institutions, and technology enterprises are continuously strengthening the construction of fintech infrastructure, providing ongoing empowerment for the accelerated cultivation of new productive forces. Meanwhile, the total number of Shanghai fintech regulatory innovation projects ranks among the top in the country. The application of the People's Bank of China fintech innovation regulatory tool and the capital market fintech innovation pilot projects in Shanghai are progressing smoothly. Markets, institutions, and enterprises in Shanghai are also continuously launching cases in technology finance, green finance, inclusive finance, pension finance, and digital finance, significantly optimizing the fintech development environment.