The 2026 People's Bank of China working conference will be held from January 5 to 6. The conference emphasized that in 2026, we will focus on the following tasks: continue to deepen financial reform and opening-up to the outside world. Strengthen supervision and management of the interbank bond market, currency market, foreign exchange market, note market, gold market and related derivatives. Strengthen overall supervision of financial infrastructure. Deepen the opening up of financial markets at a high level, and continue to optimize the “Bond Connect” and “Swap” mechanism arrangements. Support the construction of the Shanghai International Financial Center, consolidate and enhance Hong Kong's status as an international financial center, and maintain the stability and prosperity of Hong Kong's financial market. Give full play to the role of currency swaps between central banks, facilitate the use of RMB under trade and investment, and push financial institutions to improve cross-border financial services. Improve infrastructure for cross-border use of RMB. More eligible overseas entities are welcome to issue panda bonds. Expand the scope of rapid payment system interconnection and promote QR code interconnection cooperation.

Zhitongcaijing · 6d ago
The 2026 People's Bank of China working conference will be held from January 5 to 6. The conference emphasized that in 2026, we will focus on the following tasks: continue to deepen financial reform and opening-up to the outside world. Strengthen supervision and management of the interbank bond market, currency market, foreign exchange market, note market, gold market and related derivatives. Strengthen overall supervision of financial infrastructure. Deepen the opening up of financial markets at a high level, and continue to optimize the “Bond Connect” and “Swap” mechanism arrangements. Support the construction of the Shanghai International Financial Center, consolidate and enhance Hong Kong's status as an international financial center, and maintain the stability and prosperity of Hong Kong's financial market. Give full play to the role of currency swaps between central banks, facilitate the use of RMB under trade and investment, and push financial institutions to improve cross-border financial services. Improve infrastructure for cross-border use of RMB. More eligible overseas entities are welcome to issue panda bonds. Expand the scope of rapid payment system interconnection and promote QR code interconnection cooperation.