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flag China is advancing financial reforms and RMB internationalization during its 2026–30 Five-Year Plan.

flag 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. flag Foreign banks have expanded operations, with 42 now active in China, focusing on private banking, cross-border finance, and green finance. flag The renminbi has become the top currency for China’s cross-border payments and is rising in global trade financing and payments. flag The People’s Bank of China is enhancing RMB internationalization through improved cross-border infrastructure and offshore liquidity. flag Banks are evolving to support high-tech industries and global supply chains, while strengthening risk management and global financial cooperation.

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