PBOC unveils new measures to bolster Hong Kong's financial hub status
- Posted on July 7, 2026
- By The China Daily
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PBOC unveils new measures to bolster Hong Kong's financial hub status
The People's Bank of China will increase the allocation of national foreign exchange reserve assets in Hong Kong while expanding the Bond Connect program as part of a broader package of measures to strengthen the city's role as an international financial center, PBOC Governor Pan Gongsheng said on Tuesday.