Recently, the Sibos 2024 conference grandly opened in Beijing, attracting the attention of the global financial community. At the opening ceremony, Lu Lei, Deputy Governor of the People's Bank of China, delivered an inspiring speech, focusing on the opening and development of China's bond market, bringing new opportunities and expectations for global investors.

In his speech, Deputy Governor Lu Lei pointed out that China's bond market has made significant progress in recent years, with the market size ranking second globally, becoming an important part of the international financial market. More notably, the enthusiasm of foreign investors for China's bond market continues to grow, with the holding scale approaching 4.6 trillion yuan, setting a historical record. This figure not only highlights the international appeal of China's bond market but also reflects the global investors' firm confidence in China's long-term economic prospects.

Lu Lei emphasized that the rapid development of China's bond market is inseparable from the country's policy support and the joint efforts of the market. The Chinese government has been committed to promoting the opening and internationalization of the bond market, providing overseas investors with more convenient and efficient investment channels. At the same time, China's bond market has actively responded to international market demands, continuously improving the transparency and standardization of market operations, providing a safer and more stable investment environment for global investors.

Advertisement

Looking to the future, Lu Lei stated that the People's Bank of China will continue to provide a favorable financial environment for overseas investors to enter the Chinese market, strengthen interconnectivity with international financial markets, and promote further opening and development of China's bond market. Additionally, China will encourage high-quality Chinese enterprises to list and issue bonds in overseas markets, broadening corporate financing channels and enhancing the international competitiveness of Chinese companies.

The convening of the Sibos 2024 conference not only provides a platform for China's bond market to showcase its strength and appeal but also offers a window for global investors to understand China's financial market and seek investment opportunities. Participants expressed that the opening and development of China's bond market have brought more choices and opportunities for global investors, and they look forward to strengthening cooperation with China's financial market to jointly promote the prosperity and development of the global financial industry.

Looking ahead, China will continue to uphold the principles of openness, inclusiveness, and cooperation, working hand in hand with countries around the world to jointly promote the opening and development of the global financial market. It is believed that in the near future, China's bond market will become one of the important choices for global investors, injecting new vitality and momentum into the economic development of China and the world.