Zhu Hexin announced new measures at the 2026 Lujiazui Forum to advance capital account opening-up and support cross-border flows.
Zhu Hexin, deputy governor of the People's Bank of China and head of the State Administration of Foreign Exchange, spoke on Wednesday at the 2026 Lujiazui Forum in Shanghai.
He said China will introduce a new package of measures to build on policies from last year. These steps aim to improve capital account opening-up and facilitate cross-border investment and financing.
Reforms will target foreign direct investment policies to assist foreign companies operating in China. Additional changes will streamline outbound investment procedures, external debt settlements, and foreign currency loan rules.
