This is a paid press release. Contact the press release distributor directly with any inquiries.
Global Times: China’s financial regulators roll out targeted policies at key financial forum, reaffirm opening-up
BEIJING, Oct. 21, 2026 /PRNewswire/ — The Annual Conference of Financial Street Forum (FSF) 2026 kicked off in Beijing on Monday, convening a heavyweight roster of top financial regulators who rolled out targeted policies, including a pilot initiative to allow overseas financial institutions to participate in yuan trading in China’s interbank foreign exchange market as part of overall efforts to expand financial opening-up.
Remarks by officials at the key forum reiterated China’s opening-up commitments and addressed the further upgrading of opening-up toward the institutional level, experts said, adding that China’s development of new quality productive forces, earnest opening-up moves, and digital and green economy will provide fresh opportunities for international investors.
The People’s Bank of China (PBC), the country’s central bank, will roll out policies and measures, including setting up a liquidity backstop for large redemptions by non-bank financial institutions, expanding the scope of institutions eligible for the Standing Lending Facility, and rolling out a pilot initiative to allow overseas financial institutions to participate in yuan trading in China’s interbank foreign exchange market, PBC Governor Pan Gongsheng said in a speech delivered at the opening ceremony of the FSF.
China is firmly implementing the strategic directions and key measures set out in the 15th Five-Year Plan (2026-30), continuing to transform its economic growth model, expand domestic demand and advance opening-up at a high level, contributing to a new round of dynamic rebalancing in the global economy, Pan said.
Zhu Hexin, deputy governor of the PBC and head of the State Administration of Foreign Exchange, said at the forum that a package of incremental measures will soon be rolled out to support enterprises in participating more effectively in international cooperation and competition, and in making better use of both domestic and international markets and resources.
Zhu said that policies will be introduced to facilitate current account transactions and optimize foreign exchange management under the capital account, and efforts will be made to promote the open development of the foreign exchange market.
China has always adhered to win-win cooperation and continues to promote high-level financial opening-up, with measures including actively expanding new areas for financial opening-up, supporting more foreign institutions and long-term capital to operate and invest in China, and promptly responding to the demands of foreign institutions, Ding Xiangqun, head of the National Financial Regulatory Administration, said at the opening ceremony.
