On October 19, Zhu Hexin, deputy governor of the People's Bank of China and director of the State Administration of Foreign Exchange, said while attending the opening ceremony of the 2026 Financial Street Forum that it will continue to strengthen the monitoring, early warning and macroprudential management of cross-border capital flows, strictly crack down on illegal cross-border financial activities, maintain the smooth and healthy operation of the foreign exchange market, and ensure the safety, flow, preservation and appreciation of foreign exchange reserve assets.

Zhitongcaijing · 2d ago
On October 19, Zhu Hexin, deputy governor of the People's Bank of China and director of the State Administration of Foreign Exchange, said while attending the opening ceremony of the 2026 Financial Street Forum that it will continue to strengthen the monitoring, early warning and macroprudential management of cross-border capital flows, strictly crack down on illegal cross-border financial activities, maintain the smooth and healthy operation of the foreign exchange market, and ensure the safety, flow, preservation and appreciation of foreign exchange reserve assets.