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
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
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
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)
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
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
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
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
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
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