Workflow
在沪“先行先试”结构性货币政策工具创新
Zhong Guo Zheng Quan Bao·2025-06-18 20:58

Group 1 - The People's Bank of China announced eight policy measures to be implemented in Shanghai to support economic recovery and financial market stability [1][2] - Establishment of an interbank market trading report database to analyze trading data across various financial sub-markets [1] - Creation of a digital RMB international operation center to promote the internationalization of digital currency [1] Group 2 - Development of a personal credit reporting agency to provide diversified credit products for financial institutions [1] - Launch of offshore trade finance service reform pilot in the Lingang New Area to support offshore trade development [1] - Introduction of offshore bonds to broaden financing channels for enterprises involved in the Belt and Road Initiative [2] Group 3 - Optimization of free trade account functions to enhance efficient capital flow between quality enterprises and foreign funds [2] - Innovation in structural monetary policy tools, including pilot projects for blockchain letters of credit refinancing and cross-border trade refinancing [2] - Collaboration with the China Securities Regulatory Commission to promote RMB foreign exchange futures trading [2] Group 4 - Discussion on global financial governance, emphasizing the need for improved international monetary systems and cross-border payment frameworks [3] - Advocacy for stronger economic supervision by international financial organizations to assess global risks and support economic globalization [3] - Commitment to reform and multilateralism to contribute to a fair and resilient global financial governance system [3]