上海国际金融中心的建设需要制度创新,制度创新有利于完善法制,有利于鼓励金融创新,有利于增强吸引力和竞争力,进而摆脱现有制度与实际需求脱节的困境。上海国际金融中心制度创新的可行路径有二:其一是多元立法,包括用好既有的地方立法权、争取中央授权金融中心立法、争取中央金融管理部门量身定制规范、充分运用司法解释、注重金融交易惯例、发挥金融业自律规则的作用等;其二是分层监管,实现中央与地方金融监管的适当分权,将监管机构及职能下移,并尝试在金融中心率先实施功能型监管,同时体现保障金融创新、追求金融市场整体效率、协同非官方监管的理念。 The construction of Shanghai international financial center needs institutional innovation. Institutional innovation helps improve the legal system, encourages financial innovation, enhances attractiveness and competitiveness, and then gets rid of the dilemma of disjunction between the existing system and actual demand. There are two possible ways to innovate the institutional innovation of Shanghai international financial center: First, diversified legislation includes making good use of existing local legislative power, enacting legislation authorized by the central financial center, earning tailor-made norms for the central financial administration, making full use of judicial interpretation, Pay attention to the practice of financial transactions and give play to the role of financial industry self-regulation rules; secondly, stratification supervision should be adopted to achieve appropriate decentralization of financial supervision between the central and local governments, to shift regulatory agencies and functions downwards and try to take the lead in implementing functional supervision in financial centers , At the same time embodying the concept of safeguarding financial innovation, pursuing the overall efficiency of the financial markets and coordinating with unofficial regulation.