Core Insights - The People's Bank of China (PBOC) Shanghai Headquarters reported that the total cross-border RMB payment amount in Shanghai reached 18.83 trillion yuan, with foreign-related revenue and expenditure totaling 3.26 trillion USD in the first seven months of the year [1] - As of the end of July, 1,171 foreign institutions have entered the interbank bond market, with a bond holding balance of 3.93 trillion yuan [1] - The PBOC Shanghai Headquarters is enhancing its services for foreign central banks and institutions, diversifying service offerings, and steadily increasing transaction settlement volumes [1] Group 1 - The focus is on increasing the scale of cross-border RMB usage in key sectors, enterprises, and regions, leveraging Shanghai's "Five Centers" initiative and promoting RMB settlement in oil and gas trade and bulk commodities [2] - The PBOC aims to facilitate cross-border trade and investment through high-level open policies, optimizing funding settlement services for new trade entities and enhancing cross-border investment mechanisms [2] - The PBOC is also guiding enterprises in establishing exchange rate hedging mechanisms to support stable operations of foreign-related businesses [2] Group 2 - The PBOC Shanghai Headquarters is committed to fulfilling its role in providing agency services for foreign central banks, facilitating their investment in the interbank bond market [3] - The establishment of a one-stop account opening platform for foreign institutions aims to improve their market access [3] - Future efforts will focus on creating a favorable monetary and financial environment to support stable foreign trade and investment, enhancing the quality and efficiency of financial services for the real economy [3]
今年前7个月上海跨境人民币收付总额超18万亿元
Guo Ji Jin Rong Bao·2025-09-15 12:16