Jiang Huifen, Deputy Director of the Financial Markets Department at the People's Bank of China, revealed during the "Bond Connect Anniversary Forum 2025" that the bank is diligently exploring and advancing various initiatives aimed at broadening the access of the bond market to international investors. These efforts are designed to foster deeper collaboration between domestic and international financial markets, elevate RMB-denominated bonds to the status of premium global liquidity assets, streamline cross-border investment and financing processes, and establish a streamlined account opening platform. Additionally, subsequent tax exemption arrangements will be clarified. Concurrently, the range of offshore RMB financial products will be expanded to bolster market liquidity and foster a mutually beneficial cycle between the onshore and offshore markets.
