Nov 3, 2026, Hong Kong. PBOC Deputy Governor Zou Lan said China’s growth is
shifting toward higher quality and will rely on expanded domestic demand to
reactivate momentum. The PBOC will respond to shifts in China’s financial
structure by gradually transitioning and optimizing its monetary policy
framework to support high-quality growth. It will continue to deepen high-level
opening of the financial sector, support Hong Kong’s role as an international
financial centre and consolidate Hong Kong’s offshore RMB hub status.