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Bank of China Pledges Support for Cross-Border RMB Settlement in Trade, Investment on June 9

2026-06-09 10:29:08

According to Jin10, on June 9, Bank of China held the 2026 China Bank RMB International Usage Forum in Shanghai. Bank of China Chairman Ge Haijiao announced the bank will expand RMB settlement support across cross-border e-commerce, bulk commodities trading, and maritime sectors, while promoting RMB consumption scenarios such as payments for foreign visitors to China. Additionally, Bank of China will support expansion of mechanisms including Bond Connect, Swap Connect, and Cross-border Wealth Management Connect to facilitate overseas institutions' participation in China's market growth.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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