# People's Bank of China
Latest news and articles about People's Bank of China
Total: 30 articles found
Shanghai’s Offshore Ambition: Beijing Unveils Strategic Roadmap to Globalize the Yuan
China has launched a comprehensive roadmap to transform Shanghai into a global offshore financial hub by 2035, supported by new PBoC liquidity tools and a strict regulatory crackdown on financial irregularities led by the new NFRA chief.
Shanghai’s Offshore Gambit: China’s Strategic Blueprint for Global Financial Gravity
China has launched a multi-agency action plan to develop Shanghai into a world-class offshore financial center by 2035. The strategy focuses on the Pudong New Area, digital RMB integration, and offshore RMB trading to support Chinese enterprises going global and enhance the city's role in the global financial system.
Beijing’s Strategic Blueprint: Li Qiang Signals Deeper Push for Market Integration and Financial Oversight
Premier Li Qiang chaired a State Council meeting focusing on three pillars: accelerating the creation of a unified national market, approving a five-year plan for modernizing emergency response, and revising the PBOC Law. These measures aim to enhance domestic economic efficiency, proactive risk management, and central bank authority.
China’s Housing Paradox: Why Recovering Sales are Masking a Credit Contraction
Despite a recovery in home sales across major Chinese cities in April, household credit saw a record contraction of nearly 800 billion yuan. This divergence highlights a shift toward household deleveraging and a preference for cash transactions over traditional mortgages.
China’s Central Bank Unveils New ‘Financial Blacklist’ to Reinforce Market Discipline
The People's Bank of China has released a draft policy to blacklist individuals and firms for serious financial misconduct. The measures include public shaming, increased inspections, and restrictions on government bidding, though a credit repair mechanism allows for potential removal after one year.
China’s Central Bank Commits to 'Moderately Loose' Policy as Growth Hits 5% Target
The People's Bank of China has reaffirmed its 'moderately loose' monetary stance to support a 5% GDP growth rate, focusing on historically low interest rates and targeted credit for the tech and green sectors. While domestic indicators remain resilient, the bank is preparing to navigate global geopolitical risks and maintain Renminbi stability.
Fortifying the Foundation: China’s Central Bank Signals Aggressive Capital Push to Shield 2026 Stability
The People’s Bank of China has set a high-stakes agenda for 2026, focusing on multi-channel capital replenishment and tech-driven risk monitoring to kick off the 15th Five-Year Plan. The strategy balances a commitment to market-based resolutions with a firm 'bottom line' to prevent systemic financial crises amid ongoing economic reforms.
China's Money Supply Rises as Deposits Flood In but Credit Growth Remains Modest
The People's Bank of China reported 9% year‑on‑year M2 growth at end‑February and Rmb9.26 trillion of new yuan deposits in the first two months of 2026, while net new RMB loans rose Rmb5.61 trillion. Abundant liquidity has lowered short‑term market rates, but the structure of financing—larger government bond share and modest private credit uptake—highlights uneven demand for credit and active fiscal financing.
China’s Central Bank Keeps Buying Gold as Reserves Top $3.4 trillion — A Bid to Hedge the Dollar
China’s foreign‑exchange reserves rose to $3.4278 trillion at the end of February 2026 while the People’s Bank of China extended a 16‑month streak of gold purchases, bringing its holding to 74.22 million ounces. Beijing’s strategy reflects reserve diversification amid de‑dollarisation pressures, geopolitical uncertainty and a desire to shore up long‑term external stability.
PBOC Moves to Rein In Firms’ Accounts‑Receivable Practices to Protect SMEs and Financial Stability
The People’s Bank of China has begun tightening rules on how large firms manage electronic accounts‑receivable vouchers, aiming to curb opaque supply‑chain finance practices that can mask leverage and hurt SMEs. The move follows prior engagements with automakers and builds on 2025 guidance limiting the term of electronic receivables, signalling Beijing’s effort to prioritise financial stability while protecting small suppliers’ access to credit.
PBoC Signals Continued Credit Ease to Back Growth as Zhejiang Tech Boom Boosts Markets
PBoC Governor Pan Gongsheng said the central bank will keep monetary policy appropriately loose and maintain relatively easy social financing to support growth, while cracking down on irregularities in accounts‑receivable financing and coordinating more closely with fiscal authorities. The stance aims to sustain credit access for firms — especially a booming tech sector in Zhejiang — while addressing risks from opaque financing channels.
China’s Economic Stewards Deliver a Reassuring, Targeted Playbook: Fiscal Push, Market Reform and a Firm RMB
At a high-profile economic press session, China’s top economic managers signalled a cautious but constructive approach: targeted fiscal-financial support, equity-market reform, steady financial opening and a firm stance on the currency. The package prioritises market confidence and structural adjustments over broad stimulus, leaving impact contingent on implementation and private-sector response.