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PBOC Governor Pan Gongsheng Proposes Improving Short-Term Interest Rate Control Mechanism at Lujiazui Forum: What Signal Does It Send?

PBOC Governor Pan Gongsheng Proposes Improving Short-Term Interest Rate Control Mechanism at Lujiazui Forum: What Signal Does It Send?

Today, the 2026 Lujiazui Forum opened. At the forum, PBOC Governor Pan Gongsheng proposed two measures to improve the short-term interest rate control mechanism. First, the operating interest rate ran

2026-06-17
Six Ministries Jointly Issue Plan: Offshore Financial Reform Lands in Pudong, Defining Six Priority Business Categories

Six Ministries Jointly Issue Plan: Offshore Financial Reform Lands in Pudong, Defining Six Priority Business Categories

To support Shanghai's pilot program for developing offshore finance, on June 17, six departments including the People's Bank of China and the National Development and Reform Commission jointly issued

2026-06-17
China's Financial Regulator Unveils Measures to Advance Shanghai International Financial Center Action Plan

China's Financial Regulator Unveils Measures to Advance Shanghai International Financial Center Action Plan

Accelerating the development of Shanghai as an international financial center is a major strategic decision made by the CPC Central Committee from the perspective of building a modern socialist countr

2026-06-17
China Bank Forex Settlement Surplus Reaches $35.8 Billion in May as Foreign Investors Net Buy Domestic Stocks and Bonds

China Bank Forex Settlement Surplus Reaches $35.8 Billion in May as Foreign Investors Net Buy Domestic Stocks and Bonds

Foreign investors were net buyers of domestic stocks and bonds in May, and the foreign exchange market operated generally smoothly.Data released by the State Administration of Foreign Exchange (SAFE)

2026-06-15
Weekend Highlights: PBOC May Financial Data, 600B Yuan Reverse Repo, New Mutual Fund Rules on Style Drift

Weekend Highlights: PBOC May Financial Data, 600B Yuan Reverse Repo, New Mutual Fund Rules on Style Drift

Key market-moving news this weekend: PBOC released May financial statistics; PBOC announced a 600 billion yuan outright reverse repo operation for June 15; strict controls on style drift with new mutu

2026-06-14
Everbright Securities: Bill Financing Surges Again in May; June Liquidity Moderately Tight

Everbright Securities: Bill Financing Surges Again in May; June Liquidity Moderately Tight

Report SummaryOn June 12, 2026, the PBOC released May financial statistics:(1) M2 grew 8.6% YoY, flat from April;(2) M1 grew 5.5% YoY, up 0.5 percentage points from April;(3) New RMB loans at 520 bill

2026-06-14
Global Financial Highlights | Saturday, June 13, 2026

Global Financial Highlights | Saturday, June 13, 2026

Pakistan Prime Minister Shehbaz Sharif stated on June 12 that Iran and the United States have reached agreement on the final text of a peace agreement, and Pakistan is currently working closely with b

2026-06-14
MOFCOM Strongly Opposes US Department of Defense Adding Chinese Companies to "Chinese Military Enterprises List"

MOFCOM Strongly Opposes US Department of Defense Adding Chinese Companies to "Chinese Military Enterprises List"

A reporter asked: On June 8 Eastern Time, the US Department of Defense added multiple Chinese companies to the “Chinese Military Enterprises List.” What is the Ministry of Commerce's response?Response

2026-06-13
China Issues Financial Information Service Data Classification and Grading Guidelines

China Issues Financial Information Service Data Classification and Grading Guidelines

China’s Cyberspace Administration, the People’s Bank of China (PBOC), the National Financial Regulatory Administration, the China Securities Regulatory Commission, the National Bureau of Statistics, a

2026-06-13
PBOC: M2 Stable at 8.6%, M1 Rises to 5.5%; Jan-May Social Financing Hits RMB 17.48 Trillion

PBOC: M2 Stable at 8.6%, M1 Rises to 5.5%; Jan-May Social Financing Hits RMB 17.48 Trillion

On June 12, the People’s Bank of China released its May 2026 financial statistics report. In the first five months of 2026, aggregate social financing reached RMB 17.48 trillion, while RMB loans incre

2026-06-12