On August 11, the Shanghai Clearing House announced that in order to further optimize the investment environment in the bond market and promote a high level of openness of China's bond market to the outside world, Interbank Market Clearing House Co., Ltd. will now no longer require the provision of an “Indirect Settlement Member Agreement Signing Statement and Commitment” for overseas central banks or monetary authorities, international financial organizations, and sovereign wealth fund institutions that need to open accounts at the Shanghai Clearing House.

On August 11, the Shanghai Clearing House announced that in order to further optimize the investment environment in the bond market and promote a high level of openness of China's bond market to the outside world, Interbank Market Clearing House Co., Ltd. will now no longer require the provision of an “Indirect Settlement Member Agreement Signing Statement and Commitment” for overseas central banks or monetary authorities, international financial organizations, and sovereign wealth fund institutions that need to open accounts at the Shanghai Clearing House.