Contestants compete at the final of the 2nd Lujiazui Financial Knowledge Contest on Dec 17. [Photo/WeChat account: lujiazuijrc]

The final of the 2nd Lujiazui Financial Knowledge Contest commenced in Lujiazui Financial City, Shanghai, on Dec 17, with 14 teams taking part.

The teams which qualified for the final were selected from hundreds of others after two elimination rounds were held in the past two months.

After fierce competition, the eventual top three winners were announced, with the Shanghai Dehui Group taking the championship, and Shanghai branch of Industrial and Commercial Bank of China and GTJA Allianz Funds taking second and third places respectively.

The contest, which began on Oct 27, was aimed at enhancing local workers' expertise and discovering new talents in the finance industry, according to the organizers.

Differing from last year, this year's contest concentrated on financial security, green finance, and finance mentioned in the report delivered at the 19th CPC National Congress.

Xue Yingping, deputy director of Lujiazui Financial City Management Bureau, said, "Currently Lujiazui has a working population of 500,000 and it is necessary to popularize financial knowledge among them."

Xue also mentioned that the contest is expected to enable local white-collar workers gain more financial knowledge so as to better prevent and control financial risks.

Xie Weiming, Party secretary of Dehui Group, believes that the competition helps improve young workers' financial knowledge, which will in turn benefit local companies.

Lujiazui Financial City, covering 31.78 square kilometers, has developed into China's financial center with the most institutions, a complete financial market, and the most active capital movement over the past two decades. Lujiazui forms a part of a core area to serve the city's goal of becoming an international financial center.