On July 27, the Central Treasury Bond Registration and Settlement Co., Ltd. issued a notice for public comments on reducing fees for some main businesses, announcing the reduction of fees for some main businesses, including five measures, including full exemption of international bond issuance registration service fees, which will be effective from September 1, 2026 to December 31, 2028. According to the notice, the purpose of this move is to continue to implement the national tax reduction and fee reduction spirit and further promote the quality and efficiency of financial infrastructure services. “By lowering rates or cancellation fees, the notice directly reduces the burden on issuers and investors, reduces transaction friction and intermediary costs in the secondary market, and helps enhance the attractiveness, liquidity, activity and capital turnover efficiency of the bond market.” Pang Ming, a member of the China Chief Economist Forum, said.

On July 27, the Central Treasury Bond Registration and Settlement Co., Ltd. issued a notice for public comments on reducing fees for some main businesses, announcing the reduction of fees for some main businesses, including five measures, including full exemption of international bond issuance registration service fees, which will be effective from September 1, 2026 to December 31, 2028. According to the notice, the purpose of this move is to continue to implement the national tax reduction and fee reduction spirit and further promote the quality and efficiency of financial infrastructure services. “By lowering rates or cancellation fees, the notice directly reduces the burden on issuers and investors, reduces transaction friction and intermediary costs in the secondary market, and helps enhance the attractiveness, liquidity, activity and capital turnover efficiency of the bond market.” Pang Ming, a member of the China Chief Economist Forum, said.