Published on: 2026-06-17
Source: People’s Republic of China in Russian –
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Shanxai, June 17 /Xinhua/ — The head of the People’s Bank of China (PBC, Central Bank), Pan Gongsheng, announced six new financial policy measures on Wednesday at the “Luziazui-2026” Forum.
Speaking at the two-day forum, which opened on Wednesday in Shantou, Mr. Pan Gunshen said that the People’s Bank of China is set to improve the mechanism for regulating short-term interest rates, establish the REPO instrument for foreign central banks, and study the issue of creating a macroprudential instrument to support the liquidity of non-bank financial institutions in special circumstances.
The People’s Bank of China will also conduct a pilot project for offshore currency operations with the Chinese yuan in the China / Shanghai / pilot free trade zone and will announce an action plan for the development of offshore financing in Shanghai together with the local government.
In addition, the NBU will officially launch the reporting database of the interbank market, Pan Gunshen reported. -0-
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