SHANGHAI Party Secretary Han Zheng met a delegation from the China-Britain Business Council led by its chairman Lord James Sassoon last week.

Han said Shanghai is continuing with reforms and opening and hopes to attain the goal of becoming an international center of economy, finance, trade and shipping in 2020 and a modern metropolis with socialist characteristics.

He said Shanghai is stepping up the effort to liberalize the yuan through innovation and opening. The city’s financial and shipping sectors are main areas for cooperation between China and Britain.