PBOC - Xinhua Silk Road

【Financial Str. Release】China's central bank vows to resolutely safeguard capital market stability

China's central bank on Tuesday vowed to resolutely safeguard the stable operation of the country's capital market.

April08,2025

China to adjust intensity, timing of monetary policies as appropriate

China's central bank will utilize a variety of monetary policy tools and adjust the intensity and timing of policies as appropriate, based on domestic and international economic and financial conditions, as well as financial market operations, according to a report released by the People's Bank of China (PBOC) on Thursday.

February14,2025

China pledges efforts to maintain stable RMB exchange rate

China will unswervingly keep the RMB exchange rate basically stable at a reasonable and balanced level, according to a meeting.

January14,2025

【Financial Street Release】China pledges efforts to maintain stable RMB exchange rate

China will unswervingly keep the RMB exchange rate basically stable at a reasonable and balanced level, according to a meeting.

January13,2025

China raises key parameter to facilitate cross-border financing

China on Monday raised a key parameter in its macro-prudential management to expand cross-border funding sources for companies and financial institutions, according to an official statement.

January13,2025

【Financial Str. Release】PBOC signs MoU with Mauritius' central bank to establish RMB clearing arrangements in Mauritius

The People's Bank of China (PBC), China's central bank, signed a memorandum of understanding (MoU) with the Bank of Mauritius to make Renminbi (RMB) clearing arrangements in Mauritius, reported Xinhua Finance recently.

November15,2024

China's bond market issuances hit 7.6 trln yuan in September

Bond issuances in China hit 7.6 trillion yuan (about 1.07 trillion U.S. dollars) in September this year, data from the country's central bank showed.

November04,2024

China-U.S. financial working group holds sixth meeting

The China-U.S. financial working group has held its sixth meeting in the U.S. capital of Washington, D.C., China's central bank announced Thursday.

November01,2024

【Financial Str. Release】China's central bank conducts first SFISF operation

The People's Bank of China (PBOC) has conducted the first operation of the Securities, Funds and Insurance companies Swap Facility (SFISF), aiming to leverage the role of financial institutions better in stabilizing China's capital market, according to the central bank on Monday.

October22,2024

Cross-border RMB use up over 20 pct in first eight months of 2024: report

The renminbi (RMB) has been used more frequently in cross-border trade in the first eight months of this year amid the growing presence of the Chinese currency in the global market, a central bank report showed.

October08,2024

China to cut reserve requirement ratio in near future: central bank governor

China will cut the reserve requirement ratio (RRR) by 0.5 percentage points in the near future, providing about 1 trillion yuan (about 141.78 billion U.S. dollars) in long-term liquidity to the financial market, Pan Gongsheng, governor of the People's Bank of China, said Tuesday.

September24,2024

Chinese, Vietnamese central banks sign MOU to enhance bilateral cooperation

The central banks of China and Vietnam on Monday inked a memorandum of understanding (MOU) on bilateral cooperation, according to the People's Bank of China (PBOC).

August20,2024

【Financial Str. Release】PBOC issues detailed rules for non-banking payment institution regulations

The People's Bank of China (PBOC) released a set of detailed rules to better facilitate implementation of the non-banking payment institution supervision and administration regulations, reported Xinhua Finance on July 27.

July29,2024

【Financial Str. Release】PBOC plans T-bond borrowing operations with open market biz primary dealers in near term

The People's Bank of China (PBOC), the Chinese central bank, decided to carry out T-bond borrowing operations with part of the open market business primary dealers in near future, reported Xinhua-run China Securities Journal on Tuesday.

July02,2024

China's credit structure improved in Q1: PBOC report

The outstanding loans extended by China's financial institutions came in at 251.8 trillion yuan (about 35.46 trillion U.S. dollars) at the end of the first quarter, central bank data showed on Friday.

May11,2024

China central bank governor calls for IMF quota reform

Pan Gongsheng, governor of the People's Bank of China (PBOC), the Chinese central bank, called on Asian countries on Wednesday to jointly push for the quota reform of the International Monetary Fund (IMF).

March28,2024

【Financial Str. Release】PBOC issues circular on OTC biz on interbank bond market, effective from May 1

The People's Bank of China (PBOC), the Chinese central bank, issued recently a circular, effective from May 1, 2024, to boost over-the-counter (OTC) business on interbank bond market, reported Xinhua Finance.

March06,2024

【Financial Str. Release】PBOC to support Shanghai in crafting RMB-denominated financial assets allocation center

Pan Gongsheng, governor of the People's Bank of China (PBOC) said PBOC will continuously enhance cross-border trade, investment and financing facilitation measures to support Shanghai in crafting the Renminbi-denominated financial assets allocation center, reported Xinhua Finance on Wednesday.

February29,2024

Economic Watch: China continues to strengthen financial sector's role in serving real economy

China is continuing to make concrete efforts to deepen the financial sector's role in serving the real economy as the fundamental goal of high-quality financial development, experts and insiders observed.

February04,2024

New guideline bolsters financial support for rental housing market

China will implement a new guideline to provide stronger financial support for the rental housing market.

January31,2024