Pan Gongsheng: China to Promote Renminbi Bonds as Widely Recognized and Used Eligible Collateral Globally

36Kr learned that on October 15, 2026, during the annual meetings of the International Monetary Fund and the World Bank, People's Bank of China Governor Pan Gongsheng attended an emerging markets seminar and delivered a keynote speech. Pan said that in the next stage, the People's Bank of China will further support global investors and issuers in participating in China's financial markets, promote renminbi bonds becoming eligible collateral that is widely recognized and used globally, further enrich liquidity and risk management tools, and continuously improve the convenience of investment and financing. At the same time, it will strengthen the connectivity of financial infrastructure at home and abroad, support the development of the offshore renminbi market, and continue to advance the high-level opening of China's financial markets.