BEIJING, March 7 – China will continue to promote high-standard financial opening up and make its policies more transparent and predictable, Pan Gongsheng, governor of the People’s Bank of China, said on Wednesday.
China will expand the opening up of financial services and the financial markets, improve the business environment for foreign financial institutions and make the country a more attractive place for foreign financial institutions and long-term capital, Pan told the media on the sidelines of the ongoing session of China’s top legislature.
“We support Chinese financial institutions going global and expanding their international market,” he added, noting that China will also steadily expand the two-way opening up of its financial market.