People's Bank of China
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.
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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.
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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.
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China advances financial opening gateway for ASEAN cooperation
The People's Bank of China and the Guangxi Zhuang Autonomous Region jointly hosted a conference in Beijing to advance a high-level financial opening gateway facing ASEAN.
China reinforces virtual currency ban, targets RWA tokenization risks
China's central bank and securities regulator clarified a joint notice to further prevent and resolve risks related to virtual currencies and real-world asset (RWA) tokenization.
China-UK Financial Working Group holds inaugural meeting, secures deliverables
The inaugural meeting of the China-UK Financial Working Group was held in Beijing, co-chaired by PBOC Governor Pan Gongsheng and HMT Economic Secretary Lucy Rigby.
China lowers minimum down payment for commercial housing mortgages
The People's Bank of China (PBOC) and the National Financial Regulatory Administration (NFRA) have adjusted the minimum down payment ratio for commercial housing mortgages to no less than 30 percent.
PBOC expands carbon reduction facility for green transition
The People's Bank of China (PBOC) has expanded the scope of its Carbon Emission Reduction Facility (CERF).
Central bank lending for sci-tech innovation increased by RMB400 billion
The People's Bank of China (PBOC) has increased its central bank lending quota for sci-tech innovation and technological upgrading by RMB400 billion, bringing the total to RMB1.2 trillion.