People's Bank of China
PBOCData
Aggregate financing grows 7.2 percent to 464.8 trillion yuan
China's outstanding aggregate financing to the real economy reached 464.8 trillion yuan at the end of August 2026, rising 7.2 percent year-on-year.
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PBOCNews
Xuan Changneng meets PayPal executive on payment systems
People's Bank of China Deputy Governor Xuan Changneng met with PayPal Global Executive Vice President Aaron J. Webster on September 15. The two officials discussed global financial markets, payment infrastructure, and PayPal's ongoing business operations in China.
PBOCNews
Xuan reviews market opening in talks with FTSE Russell CEO
People's Bank of China Deputy Governor Xuan Changneng met with FTSE Russell Chief Executive Fiona Bassett on September 14, 2026.
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PBOCNews
Pan Gongsheng holds bilateral talks at G20 finance gathering
People’s Bank of China Governor Pan Gongsheng met with top international financial leaders at the G20 meeting in September 2026.
PBOCNews
Pan warns of trade risks and maintains accommodative monetary policy
People's Bank of China Governor Pan Gongsheng urged G20 members to counter trade protectionism and coordinate macroeconomic policy during the G20 meeting in Asheville.
PBOCNews
Xuan Changneng meets S&P Global President Martina Cheung
People’s Bank of China Deputy Governor Xuan Changneng met with S&P Global President Martina L. Cheung on September 10. The officials discussed global economic developments, the opening up of China’s financial sector and S&P’s domestic operations.
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PBOCNews
PBOC and MAS discuss economic outlook and financial ties
People's Bank of China Deputy Governor Xuan Changneng met with Monetary Authority of Singapore Deputy Managing Director Leong Sing Chiong on September 10, 2026.
PBOCNews
Xuan discusses supply shocks and AI at BIS Basel meetings
People's Bank of China Deputy Governor Xuan Changneng attended the Bank for International Settlements bimonthly meetings in Basel on September 6 and 7. Central bank governors exchanged views on artificial intelligence, supply shocks and monetary policy communication.
PBOCData
Financial sector assets expand 7.7 percent to 562.2 trillion yuan
Total assets of Chinese financial institutions expanded 7.7 percent year on year to 562.2 trillion yuan at the end of the second quarter of 2026.
PBOCNews
Mortgage terms extended to 40 years in property credit reform
Chinese regulators extended maximum personal mortgage terms from 30 to 40 years and introduced a lead bank system for property developers on August 28, 2026.
PBOCNews
RMB 5 billion in relending allocated for Xizang disaster relief
A targeted RMB 5 billion relending quota has been allocated to the People's Bank of China's Xizang branch following an August 26 border mudslide.
PBOCNews
Eight banks join e-CNY system as total operators reach 30
China's digital yuan network expanded to 30 operating institutions after eight commercial banks connected to the central bank's e-CNY platform.