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China is advancing financial reforms and RMB internationalization during its 2026–30 Five-Year Plan.
China is deepening financial sector reforms during the 15th Five-Year Plan (2026–30), shifting from market access to institutional openness aligned with global standards.
Foreign banks have expanded operations, with 42 now active in China, focusing on private banking, cross-border finance, and green finance.
The renminbi has become the top currency for China’s cross-border payments and is rising in global trade financing and payments.
The People’s Bank of China is enhancing RMB internationalization through improved cross-border infrastructure and offshore liquidity.
Banks are evolving to support high-tech industries and global supply chains, while strengthening risk management and global financial cooperation.
China está avanzando las reformas financieras y la internacionalización del RMB durante su Plan Quinquenal 202630.