On March 23, 2026, at the 2026 Annual Meeting of the China Development Forum, Zhu Hexin, Vice Governor of the People's Bank of China and Director of the State Administration of Foreign Exchange, stated that over 90% of China's capital projects have achieved varying degrees of openness. Facing the 15th Five Year Plan, China will highlight the requirements of institutional openness and continuously improve the synergy and matching between capital account opening, national economic and financial reform and development, and the internationalization process of the RMB.

Zhu Hexin pointed out that for projects that have already been opened, we will promote clearer management frameworks, more unified rules, and more convenient procedures to achieve the expected goal of greater stability.

For fields that meet the conditions, we will grasp the pace and intensity of openness to better serve the needs of technological innovation, the real economy, and long-term capital allocation. Keywords: New News Network, High Quality Development

Currently, Chinese financial institutions are enhancing the supply of cross-border financial services to meet the asset allocation needs of overseas investors and enterprises going global. Zhang Wenwu, General Manager of China CITIC Group Co., Ltd., stated that it will enhance its cross-border settlement service capabilities, align with international rules, deepen cross-border interconnection of payment systems, and smooth cross-border fund flow channels; Expand the innovative application of digital RMB in cross-border e-commerce, bulk commodities, international logistics and other scenarios, and efficiently promote cross-border settlement and financing; Improve the efficiency of global fund management.Editor/Gao Xue