BEIJING, March 2 (Xinhua)-- China's government bonds have been formally included in JP Morgan's widely tracked Government Bond Index Emerging Markets (GBI-EM) suite since February 28, reported Xinhua Finance, a financial news platform run by Xinhua News Agency Saturday.
The inclusion largely resulted from the deepened and ongoing opening up of China's bond market, where outstanding bonds mounted up to 100.4 trillion yuan by the end of January and 2.2 trillion yuan were held by foreign investors, up 22 percent from that in the same period of last year.
The move of global indexes providers to add China bonds into their indexes suites one after another revealed confidence of international investors in China's long-term and healthy economic development and acknowledgement of China's financial market opening up, said Pan Gongsheng, Deputy Governor of China's central bank and Administrator of State Administration of Foreign Exchange (SAFE)
In the next step, Chinese central bank would continue to reinforce construciton of financial market basic rules to better facilitate global investors. (Edited by Duan Jing, duanjing@xinhua.org)