The People's Bank of China, in its 2026 report on RMB internationalization, says
it will advance RMB internationalization by further improving the institutional
framework for cross‑border renminbi use to better meet market demand for
transaction settlement, investment and financing, and risk management. It will
deepen financial‑market opening, support Shanghai's development as an
international financial centre, and back offshore RMB market growth to
consolidate Hong Kong's IFC role. The PBOC also flagged plans to strengthen
financial infrastructure and to coordinate financial opening with financial
stability.
