PBOC Announces Series of Measures to Expand Access to Standing Lending Facility and More

The 2026 Financial Street Forum Annual Meeting opened this afternoon with the theme 'Openness, Cooperation, Inclusion — Building a New Ecosystem for Global Financial Development.' At the opening ceremony, Pan Gongsheng, Governor of the People's Bank of China (PBOC), announced a series of upcoming policy measures. These include establishing a liquidity support tool to address large-scale redemptions by non-bank institutions, expanding the scope of institutions eligible for the Standing Lending Facility, advancing the implementation of bond market interconnectivity, facilitating foreign financial institutions' RMB purchase and sale operations in the domestic foreign exchange market, and issuing guidelines on financial support for building international science and technology innovation centers such as Beijing (Beijing-Jing-Jin-Ji). The PBOC will also align with market demand to enhance high-quality policy supply and advance RMB internationalization. (CCTV News)