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This afternoon, at the opening ceremony of the 2026 Financial Street Forum Annual Meeting, Zhu Hexin, deputy governor of the People's Bank of China and director of the State Administration of Foreign Exchange, said that China's opening doors are getting wider and wider, and the foreign-related economic structure has profoundly changed. One outstanding characteristic is that business entities are increasingly becoming an important force connecting domestic and international dual cycles. Judging from the flow, China's balance of payments has gradually formed an autonomous balance pattern, and funds from current account surpluses are used more through foreign investment and asset allocation by enterprises, banks, etc. In terms of stock, the share of foreign assets held by enterprises, banks, etc. of China's foreign financial assets increased from around 30% at the end of 2010 to nearly 70% at the end of 2025. These changes reflect the increasing role of the market in cross-border resource allocation; they also reflect the continuous improvement in the ability of Chinese enterprises to participate in international cooperation and competition and allocate global resources.
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This afternoon, at the opening ceremony of the 2026 Financial Street Forum Annual Meeting, Zhu Hexin, deputy governor of the People's Bank of China and director of the State Administration of Foreign Exchange, said that China's opening doors are getting wider and wider, and the foreign-related economic structure has profoundly changed. One outstanding characteristic is that business entities are increasingly becoming an important force connecting domestic and international dual cycles. Judging from the flow, China's balance of payments has gradually formed an autonomous balance pattern, and funds from current account surpluses are used more through foreign investment and asset allocation by enterprises, banks, etc. In terms of stock, the share of foreign assets held by enterprises, banks, etc. of China's foreign financial assets increased from around 30% at the end of 2010 to nearly 70% at the end of 2025. These changes reflect the increasing role of the market in cross-border resource allocation; they also reflect the continuous improvement in the ability of Chinese enterprises to participate in international cooperation and competition and allocate global resources.
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