Central Bank: Strengthen supervision and management of the interbank bond market, money market, foreign exchange market, bill market, gold market, and related derivatives

Odaily Planet Daily News: The China People’s Bank Work Conference will be held on January 5-6, 2026. The meeting emphasized strengthening supervision and management of the interbank bond market, money market, foreign exchange market, bill market, gold market, and related derivatives. It called for enhancing the coordinated regulation of financial infrastructure. Deepening high-level opening-up of the financial market, and continuing to optimize the mechanisms of “Bond Connect” and “Swap Connect.” Support the construction of Shanghai as an international financial center, consolidate and enhance Hong Kong’s status as an international financial center, and maintain the stability and prosperity of Hong Kong’s financial market. Effectively utilize the central bank’s currency swap functions, facilitate the use of RMB in trade and investment, and promote financial institutions to improve cross-border financial services. Improve the infrastructure for cross-border RMB use. Welcome more qualified overseas entities to issue Panda bonds. Expand the scope of the fast payment system interconnection, and promote QR code interconnectivity cooperation. (Jin10)