Oct 19 — Zhu Hexin, PBOC deputy governor and SAFE director, told the 2026 Financial Street Forum authorities will push FX market opening, expand the pilot allowing securities firms to conduct FX settlement and sales, support financial institutions in providing corporates — especially SMEs — with FX risk-management services, boost cross-border service capacity and better coordinate offshore debt market development to promote RMB internationalization.

2026-10-19

Oct 19 — Zhu Hexin, PBOC deputy governor and SAFE director, told the 2026 Financial Street Forum authorities will push FX market opening, expand the pilot allowing securities firms to conduct FX settlement and sales, support financial institutions in providing corporates — especially SMEs — with FX risk-management services, boost cross-border service capacity and better coordinate offshore debt market development to promote RMB internationalization.