Pan Gongsheng : continuera à améliorer constamment le cadre institutionnel pour l'utilisation transfrontalière du renminbi et la construction des infrastructures financières

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Source : People’s Finance News Author : Zheng Zaojin

People’s Finance News, March 22 — According to the keynote speech by Pan Gongsheng, Governor of the People’s Bank of China, at the 2026 China Development High-Level Forum, recent years have seen positive progress in the internationalization of the renminbi, providing more diversified currency options for domestic and foreign entities. Currently, the cost of renminbi financing is relatively low. By 2025, the issuance of panda bonds by governments, international development agencies, financial institutions, and large enterprises will exceed 170 billion yuan, with offshore renminbi bonds issued in Hong Kong being even larger. We will continue to improve the cross-border use system and financial infrastructure of the renminbi. We will carry out diversified monetary and financial cooperation, promote the development of the offshore renminbi market, and facilitate cross-border trade and investment activities.

(Edited by: Wen Jing)

Keywords: Renminbi

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