According to CoinMeta, China and the United Nations Development Programme (UNDP) signed relevant legal documents on November 4th in Shanghai regarding the establishment of the UNDP Global Sustainable Development Centre in Shanghai. Wang Wentao, Minister of Commerce, and Achim Steiner, Administrator of UNDP, attended the signing ceremony. The relevant legal documents came into effect immediately after signing, and both parties will accelerate the preparatory work for the Shanghai Centre, striving to put it into operation as soon as possible.