The China Banking Regulatory Commission issues measures related to commercial banks conducting offshore bond business in the Pudong New Area.

The General Office of the China Banking Regulatory Commission has issued a notice on matters related to commercial banks conducting offshore bond business in the Pudong New Area. Commercial banks should adhere to the principles of operating in accordance with the law, risk-based management, and prudent operation when conducting offshore bond business in the Pudong New Area, strictly comply with relevant laws and regulations such as the "Regulations on the Development of Offshore Bond Business in the Pudong New Area of Shanghai". Commercial banks conducting offshore bond business in the Pudong New Area should focus on serving overseas investment and financing needs of enterprises that are "going out" and participating in the construction of the "Belt and Road" initiative, as well as supporting reasonable financing in the real economy sector.