The People's Bank of China (PBOC) issued its "15th Five-Year" reform and development plan, directing construction of an open, inclusive, and resilient modern financial market. The plan urges improvement of a multi-category, multi-tier market structur

2026-08-10

The People's Bank of China (PBOC) issued its "15th Five-Year" reform and development plan, directing construction of an open, inclusive, and resilient modern financial market. The plan urges improvement of a multi-category, multi-tier market structure, expansion of market formats to better support market functions, and strengthening of financial market institutional frameworks to maintain orderly and stable market operations.