At the Global Wealth Management Forum 2026 Shanghai Suhewan Conference held today, Tao Ling, member of the Party Committee and Deputy Governor of the People's Bank of China, said that the willingness to finance RMB overseas has increased markedly, and the scale of RMB treasury bonds in the offshore market has increased. At the end of June 2026, a total of 1,200 overseas institutions entered the domestic bank and bond market, and the balance of domestic bonds held by overseas entities reached 3.2 trillion yuan. As of the end of June 2026, the balance of domestic stocks held by overseas entities was RMB 4.7 trillion. In order to further enrich the allocation of RMB assets, Tao Ling indicated that more types of overseas investors will be supported to participate in the Chinese financial market and invest in stocks, equity, bond gold derivatives and commodity futures in China through adaptable and appropriate methods. At the same time, we will continue to support financial institutions to carry out RMB overseas loans and cross-border trade financing, improve the RMB financing policies for banks across borders, encourage more overseas institutions to participate in the issuance and trading of panda bonds, support Hong Kong's development of the RMB dim sum bond market, and enrich liquidity management and risk management tools.

At the Global Wealth Management Forum 2026 Shanghai Suhewan Conference held today, Tao Ling, member of the Party Committee and Deputy Governor of the People's Bank of China, said that the willingness to finance RMB overseas has increased markedly, and the scale of RMB treasury bonds in the offshore market has increased. At the end of June 2026, a total of 1,200 overseas institutions entered the domestic bank and bond market, and the balance of domestic bonds held by overseas entities reached 3.2 trillion yuan. As of the end of June 2026, the balance of domestic stocks held by overseas entities was RMB 4.7 trillion. In order to further enrich the allocation of RMB assets, Tao Ling indicated that more types of overseas investors will be supported to participate in the Chinese financial market and invest in stocks, equity, bond gold derivatives and commodity futures in China through adaptable and appropriate methods. At the same time, we will continue to support financial institutions to carry out RMB overseas loans and cross-border trade financing, improve the RMB financing policies for banks across borders, encourage more overseas institutions to participate in the issuance and trading of panda bonds, support Hong Kong's development of the RMB dim sum bond market, and enrich liquidity management and risk management tools.