PBOC Governor Unveils Six Major Reforms at Lujiazui Forum
Governor Pan Gongsheng announced a package of six financial reforms spanning rate control, offshore yuan liquidity and market infrastructure at the 2026 Lujiazui Forum.
Governor Pan Gongsheng announced a package of six financial reforms spanning rate control, offshore yuan liquidity and market infrastructure at the 2026 Lujiazui Forum.
The PBOC pledged to keep monetary policy moderately loose, maintain ample liquidity and support the real economy as the second-quarter monetary policy committee meeting wrapped up.
Official data shows the month-on-month drop in new home prices across 70 major cities continues to narrow, a sign that policy support is biting.
Chinese companies completed 161 initial public offerings worldwide in the first half of 2026, raising roughly 277.7 billion yuan and topping last year’s pace.
Targeted policy support and inventory reduction are stabilizing China’s property sector, with sales and sentiment improving in leading cities.
Developers are progressing through debt restructuring and court-mediated settlements as policymakers push to resolve legacy property risk.
Beijing’s 2026 GDP goal of about 4.5 to 5 percent shapes the policy backdrop for real estate, keeping support in place without reigniting a bubble.