At the Lujiazui Forum in Shanghai on June 18, 2025, Zhu Hexin, head of China's State Administration of Foreign Exchange (SAFE), stated China's commitment to maintaining a stable yuan exchange rate. He also highlighted the nation's capacity to manage foreign exchange market volatility.
China intends to establish a foreign exchange management policy evaluation mechanism and improve regulations for qualified foreign investors to strengthen oversight.
Pan Gongsheng, Governor of the People's Bank of China (People's Bank of China), announced initiatives to promote the international use of the digital yuan. He advocated for a multi-polar global currency system.
The People's Bank of China plans to establish an international e-CNY operations center in Shanghai and introduce yuan futures trading. These measures aim to provide investors with additional risk management tools and reduce reliance on the U.S. dollar.