On Monday in Beijing, the State Council Information Office (SCIO) opened the curtain on the Chinese mainland’s financial playbook for the years 2021–2025. At the midpoint of the 14th Five-Year Plan, top regulators gathered to share wins, challenges, and next steps for an industry that powers everything from tech startups to global trade.
Leading the discussion were Pan Gongsheng, governor of the People’s Bank of China; Li Yunze, head of the National Financial Regulatory Administration; Wu Qing, chairman of the China Securities Regulatory Commission; and Zhu Hexin, deputy governor of the People’s Bank of China and administrator of the State Administration of Foreign Exchange. From capital markets to currency stability, they took questions from local and international media alike.
The briefing painted a picture of a financial sector in motion. Attendees heard about strides in market supervision, foreign exchange management, and efforts to balance innovation with stability. For digital entrepreneurs tracking the rollout of new payment systems and for investors eyeing global opportunities, the session offered a real-time status update.
For young leaders and changemakers focused on sustainability and inclusion, speakers underscored ongoing work to expand access to finance for small businesses and underserved communities. Meanwhile, business travelers and digital nomads can expect continued measures to streamline cross-border transfers and currency exchanges.
As the plan’s second half kicks off, all eyes will be on how these policies evolve to support growth, manage risk, and connect the Chinese mainland’s financial hub with the wider world. From G20 boardrooms to local coffee shops in capitals across continents, the impacts of these decisions will shape markets—and everyday lives—for years to come.
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China’s SCIO holds presser on financial sector’s progress during 14th FYP period
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