Pan Gongsheng, governor of the People's Bank of China, said the central bank will work with other financial authorities to introduce several policy measures. These include a liquidity support facility for large-scale redemptions by non-bank institutions, expanding institutions eligible for the Standing Lending Facility, and promoting connectivity between the interbank and exchange bond markets. Other measures include pilot programs for foreign financial institutions' RMB business in the onshore foreign exchange market and guidelines on financial support for international science and technology innovation centers in Beijing, Shanghai and the Greater Bay Area. He spoke at the opening of the Financial Street Forum 2026 in Beijing, running from Oct. 19 to 22.
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Related tickers and likely impact
AUD/USD
▲ Likely positiveRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/16/2026 | 0.69462 |
| Change that session | +0.35% |
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/19/2026 | 1,689.84 |
| Change that session | -0.94% |
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