Chinese Vice Premier He Lifeng Meets CIC International Advisory Council

This is a signal-setting meeting rather than a policy announcement: the vice premier used a sovereign fund's advisory platform to frame financial-system reform and high-level opening-up as priorities for the next Five-Year Plan, which matters for cross-border capital access and how state-linked funds position themselves. The readout's value lies in the direction of travel, not in any commitment, since no measures were disclosed. Whether such high-level framing translates into concrete opening measures in the coming plan cycle is the open question worth tracking.