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Live Updates  >  Live Update Details

2025-08-01 20:11:51

[People's Bank of China: Deepen the reform of trade foreign exchange business management and actively promote the facilitation of cross-border investment and financing] On August 1, the People's Bank of China held a work meeting for the second half of 2025 and a meeting to promote the normal and long-term promotion of the central inspection and rectification work. Promote the construction of the "science and technology board" in the bond market and the use of risk-sharing tools for science and technology innovation bonds, and expand the issuance scale of science and technology innovation bonds. Improve the institutional framework of financial markets and financial infrastructure, and accelerate the formulation and revision of bill laws, corporate bond management regulations, etc. Deepen the reform of trade foreign exchange business management and actively promote the facilitation of cross-border investment and financing. Deepen multilateral and bilateral international monetary and financial cooperation. Deepen participation in global financial governance, actively promote global macroeconomic policy coordination, participate in the formulation of international financial rules, continue to promote the reform of the International Monetary Fund's quota, and improve the governance structure of international financial organizations.

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