The IMF established a regional center in Shanghai.

Translation. Region: Russian Federation –

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

SHANGHAI, Dec. 8 (Xinhua) — The International Monetary Fund (IMF) on Monday officially launched its regional center in Shanghai, with IMF economist Johannes Wiegand taking over as director.

The Shanghai center, one of a series of regional centers established by the IMF around the world, is expected to expand the IMF's engagement with the Asia-Pacific region, the IMF said.

The new institution will serve as a hub for research and knowledge sharing that will provide policy advice in relevant areas to emerging market and middle-income countries, the statement said.

As noted in the statement, the center also aims to deepen dialogue and external relations with member countries, regional institutions and other stakeholders in the region.

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