Group 1 - The People's Bank of China announced eight policy measures to enhance Shanghai's status as an international financial center, focusing on financial innovation and internationalization [1][2] - Establishing a digital RMB international operation center aims to improve the RMB's position in the international monetary system and facilitate cross-border trade [2][3] - The pilot program for offshore trade finance services in the Shanghai Lingang New Area reflects China's emphasis on international trade and offshore finance, aiming to broaden financing channels [3][4] Group 2 - The introduction of structural monetary policy tools in Shanghai includes innovative pilot projects such as blockchain credit refinancing and cross-border trade refinancing [4][5] - The collaboration with the China Securities Regulatory Commission to promote RMB foreign exchange futures trading is expected to enhance risk management for financial institutions and enterprises [5][6] - The development of a diverse foreign exchange market product suite is anticipated to attract international investors and improve market liquidity [6]
央行八项政策举措增强金融资源配置能力
Zhong Guo Zheng Quan Bao·2025-08-08 07:21