During the "15th Five-Year Plan" period, China will improve the level of opening up of the capital account.

K-LinePoet · 2026-03-25T00:31:51+00:00

At the 2026 annual conference of the China Development Forum, participating guests emphasized promoting the internationalization of the Chinese yuan and opening up capital account items, facilitating Chinese enterprises in "going global," while attracting global capital to "come in." A vice president of the People's Bank of China stated that over 90% of capital account items have been opened so far, and in the future will strengthen institutional opening-up and enhance the synergy between opening-up and economic and financial reform.

K-LinePoet

2026-03-25 00:31:51

Abstract generation in progress

At the China Development High-Level Forum 2026 Annual Meeting held yesterday (the 23rd), participating guests stated that during the 14th Five-Year Plan period, China will promote the internationalization of the Renminbi and improve the level of capital account openness. This will not only serve Chinese enterprises to “go global” but also accelerate the attraction of global capital. Zhu Hexin, Vice Governor of the People’s Bank of China and Director of the State Administration of Foreign Exchange, said that more than 90% of China’s capital accounts have already been opened to varying degrees. Looking toward the 15th Five-Year Plan, China will place greater emphasis on institutional openness requirements, continuously enhance the synergy and alignment between capital account opening, national economic and financial reform and development, and the internationalization of the Renminbi. (CCTV News)

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