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PBOC Deputy Governor: Foreign Holdings in CN Bonds Reach ~RMB4.6T, Setting New Record
Lu Lei, Deputy Governor of the People's Bank of China (PBOC), stated at an event that China's financial sector will continue to embrace openness and cooperation, Chinese me...
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PBOC Deputy Governor: Foreign Holdings in CN Bonds Reach ~RMB4.6T, Setting New Record
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Lu Lei, Deputy Governor of the People's Bank of China (PBOC), stated at an event that China's financial sector will continue to embrace openness and cooperation, Chinese media reported.

As currently the second largest in the world, China's bond market has set a historic record with foreign investors holding nearly RMB4.6 trillion in Chinese bonds, Lu pointed out.

He said the PBOC will continue to provide a favorable financial environment for overseas investors to dabble in the Chinese market and conduct business in China, enhancing financial market operations and strengthening connectivity with overseas financial markets in line with international best practices.

At the same time, the central bank will encourage high-quality Chinese enterprises to list and issue bonds in overseas markets.
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