China Key Takeaways From The Lujiazui Forum

The PBoC introduced comprehensive reforms to its monetary policy framework at the Lujiazui Forum on June 17, 2026, including a new interest rate corridor and increased facilities for foreign monetary authorities. These changes aim to stabilize short-term funding costs and further the internationalization of the RMB.

Key Takeaways

• 1.The PBoC is refining its monetary policy framework by strengthening the 7-day reverse repo rate as the official benchmark and establishing a new interest rate corridor.
• 2.Introduction of a repo facility for foreign and international monetary authorities to boost RMB internationalization and demand for Chinese government bonds.

Table of Contents

• China: key takeaways from the Lujiazui Forum
• Major measures

Document Preview

Page 1 of 4

Subscribe for full accessStart Free Trial