People's Bank of China
PBOC Deputy Governor Lu Lei discusses IDB reform and regional outlook
PBOC Deputy Governor Lu Lei attended the 2026 Annual Meeting of the IDB Group in Paraguay on March 13-14. During the meeting, he discussed IDB Group reform, the economic outlook for Latin America, and bilateral cooperation with IDB President Ilan Goldfajn.
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Global economic developments and AI in banking discussed at BIS meetings
PBOC Deputy Governor Xuan Changneng attended the Bank for International Settlements (BIS) bimonthly meetings in Basel from March 7th to 9th.
Xuan Changneng details Asian central bank challenges and China's policy path
People's Bank of China Deputy Governor Xuan Changneng attended the 'Asia in 2050' conference and addressed challenges for central banks in Asia.
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Pan Gongsheng details PBOC's accommodative policy and risk prevention
People's Bank of China Governor Pan Gongsheng outlined the central bank's appropriately accommodative monetary policy for 2026, emphasizing stable growth and price recovery.
PBOC authorizes Bank of China Colombo as Sri Lanka's RMB clearing bank
The People's Bank of China has authorized the Bank of China Limited Colombo Branch to serve as the Renminbi (RMB) clearing bank in Sri Lanka.
China's financial markets show robust activity in January 2026
The People's Bank of China's (PBoC) January 2026 Financial Market Report indicates significant year-on-year growth in money market turnover and bond financing.
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China cuts FX risk reserve ratio to zero for forward sales
The People's Bank of China has cut the foreign exchange risk reserve ratio for forward foreign exchange sales from 20 percent to zero.
China's aggregate financing and money supply expand in January
China's aggregate financing to the real economy increased 8.2 percent year on year to RMB449.11 trillion at end-January 2026.
G20 meeting: Xuan Changneng emphasizes multilateralism and China's economic resilience
Deputy Governor Xuan Changneng of the People's Bank of China attended a virtual G20 meeting on February 25, 2026.
China liberalizes cross-border RMB interbank financing rules
The People's Bank of China (PBOC) issued new regulations on February 26, 2026, to support domestic banks in conducting compliant RMB cross-border interbank financing with overseas institutions.
Priorities set for high-level ASEAN financial opening-up gateway
The People's Bank of China and the Guangxi Zhuang Autonomous Region jointly held a conference in Beijing on February 11 to clarify priorities for a high-level financial opening-up gateway for ASEAN.
Twenty-one Chinese systemically important banks identified for 2025
The People's Bank of China (PBOC) and the National Financial Regulatory Administration (NFRA) have identified 21 domestic systemically important banks (D-SIBs) for 2025.