The National Financial Regulatory Administration issued a notice requiring commercial banks to conduct Pudong New Area FTZ offshore bond business on a lawful, risk‑based and prudential basis, and to strictly comply with the Shanghai Pudong New Area FTZ offshore bond development provisions and related rules. Banks are instructed to focus issuance and underwriting on serving overseas financing needs of China’s going‑out enterprises and high‑quality firms in Belt and Road partner countries and regi

The National Financial Regulatory Administration issued a notice requiring commercial banks to conduct Pudong New Area FTZ offshore bond business on a lawful, risk‑based and prudential basis, and to strictly comply with the Shanghai Pudong New Area FTZ offshore bond development provisions and related rules. Banks are instructed to focus issuance and underwriting on serving overseas financing needs of China’s going‑out enterprises and high‑quality firms in Belt and Road partner countries and regions, and to support reasonable financing for the real economy.