On September 16, “Qiushi” published an article signed by Pan Gongsheng, Governor of the Central Bank, entitled “Deeply Understanding China's Financial Structural Changes to Improve the Adaptability of Financial Services to the Real Economy”. It points out that we will focus on the structural transformation and upgrading needs of the service economy and continue to build a standardized, open, dynamic, and resilient modern financial market. Build and develop a multi-category and multi-level financial market system to further enrich the financial market format. Develop a “technology board” for the equity market and bond market. Develop China's wealth management market to support the healthy and orderly development of the asset management industry. Promote the interconnection of financial market infrastructure, steadily develop interest rate and exchange rate derivatives, and promote market liquidity and price formation. Strengthen the benchmark role of treasury bond yield curves. Improve the legal system of the financial market, promote the optimization and improvement of systems such as issuance and transaction, registration and settlement, taxation, etc., maintain financial market order, and cultivate a good market ecology. Steadily promote the institutional opening up of the financial sector and further enhance the level of internationalization of the Chinese financial market. Build and improve a multi-channel, wide-coverage cross-border payment system. Coordinate the development of the offshore RMB market. Support Shanghai to enhance its capabilities in cross-border finance and offshore financial services. Consolidate Hong Kong's position as an offshore RMB business hub.

On September 16, “Qiushi” published an article signed by Pan Gongsheng, Governor of the Central Bank, entitled “Deeply Understanding China's Financial Structural Changes to Improve the Adaptability of Financial Services to the Real Economy”. It points out that we will focus on the structural transformation and upgrading needs of the service economy and continue to build a standardized, open, dynamic, and resilient modern financial market. Build and develop a multi-category and multi-level financial market system to further enrich the financial market format. Develop a “technology board” for the equity market and bond market. Develop China's wealth management market to support the healthy and orderly development of the asset management industry. Promote the interconnection of financial market infrastructure, steadily develop interest rate and exchange rate derivatives, and promote market liquidity and price formation. Strengthen the benchmark role of treasury bond yield curves. Improve the legal system of the financial market, promote the optimization and improvement of systems such as issuance and transaction, registration and settlement, taxation, etc., maintain financial market order, and cultivate a good market ecology. Steadily promote the institutional opening up of the financial sector and further enhance the level of internationalization of the Chinese financial market. Build and improve a multi-channel, wide-coverage cross-border payment system. Coordinate the development of the offshore RMB market. Support Shanghai to enhance its capabilities in cross-border finance and offshore financial services. Consolidate Hong Kong's position as an offshore RMB business hub.