PBOC’s Wang: PBOC to accelerate the push for reform and opening of capital markets

China Press reported the recent comments delivered by People’s Bank of China (PBOC) Head of the Financial Stability department Wang Jingwu, as he noted that the Chinese central bank will boost real-time monitoring of its stock, bond, FX markets to guard against risks.

Additional Comments:

Bank to block the transmission of risks across markets, regions and borders.

To prevent abnormal fluctuations in financial markets.

To accelerate the push for reform and opening of capital markets.

To increase the supply of capital, refine institutional arrangements and boost investor confidence.