People's Bank of China: Enriching the "Swap Market" product types to promote high-level opening up of China's financial market to the outside world.

The People's Bank of China announced that it will further promote the opening up of the bond market to foreign investors, study the introduction of government bond ETFs and other index-linked products, and continue to promote the high-quality development of bond underwriting and other businesses. At the same time, the central bank will optimize the management of funds for overseas institutions investing in the bond market, further improve investment efficiency and convenience. In addition, the central bank will promote the alignment of domestic custody models with international practices, and work with relevant departments to continuously promote the high-level opening up of the Chinese bond market to foreign investors.