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. The dialogue addressed international market trends and the ongoing opening-up of China's domestic financial sector.
Dialogue on market opening
On September 14, 2026, People’s Bank of China Deputy Governor Xuan Changneng held a bilateral meeting with Fiona Bassett, Chief Executive Officer of global index provider FTSE Russell and representative of the London Stock Exchange Group.
During the dialogue, both officials conducted comprehensive discussions covering recent structural developments in global financial markets.
A primary focus of the meeting centered on the framework for high-level opening-up across China’s domestic capital markets.
Xuan and Bassett also reviewed the institutional presence, strategic operations, and future development trajectory of FTSE Russell within the Chinese financial landscape.
Index inclusion and capital flows
FTSE Russell plays a structural role in channeling foreign capital into Chinese sovereign and corporate debt instruments through its global benchmark indices.
Ongoing engagement between central bank leadership and global index providers forms part of Beijing’s broader effort to deepen foreign participation in onshore financial markets.
PBOC leadership continues to facilitate access for international benchmark providers amid shifting cross-border investment flows.
Courtesies before concrete steps
The meeting signals routine institutional dialogue rather than an imminent policy shift.
For global index providers, direct ties with the central bank remain essential to navigate regulatory boundaries.
Real capital integration will depend on concrete operational reforms rather than bilateral courtesies.