As of Aug 13, year-to-date panda bond issuance reached CNY 202.475 bln, up 73.57% YoY and exceeding full-year totals of CNY 183.56 bln in 2025 and CNY 194.8 bln in 2024, a record high. Zhongguancun IoT Industry Alliance deputy secretary-general Yuan Shuai said regulators have simplified issuance procedures and lowered thresholds and institutional costs for foreign issuers, encouraging more offshore institutions to enter the Chinese bond market. He added that, versus high-rate environments in som

As of Aug 13, year-to-date panda bond issuance reached CNY 202.475 bln, up 73.57% YoY and exceeding full-year totals of CNY 183.56 bln in 2025 and CNY 194.8 bln in 2024, a record high. Zhongguancun IoT Industry Alliance deputy secretary-general Yuan Shuai said regulators have simplified issuance procedures and lowered thresholds and institutional costs for foreign issuers, encouraging more offshore institutions to enter the Chinese bond market. He added that, versus high-rate environments in some developed economies, RMB financing costs have remained relatively moderate, reducing funding costs for foreign issuers and supporting debt-structure stability.