TREE NEWS update: China’s balance of payments is expected to show scale growth, structural optimization and overall balance during the 15th Five-Year Plan period, State Administration of Foreign Exchange spokesperson and deputy administrator Li Bin said on September 10 at a State Council Information Office press conference. Li said multipolarity and economic globalization will remain the general trend, while protectionism, geopolitical conflicts and volatility in international financial markets will pose challenges to economic operations.
SAFE’s Li Bin: China’s Balance of Payments to See Scale Growth, Structural Optimization in 15th Five-Year Plan Period
AI take
The framing matters more than the forecast: a SAFE official is signaling that capital-flow management will be judged on composition and resilience, not just headline surpluses, as multipolarity reshapes trade and investment routes. The explicit nod to protectionism and geopolitical conflict as risks suggests cross-border flows are being planned around fragmentation rather than assuming continued globalization. Whether the structural-optimization language translates into concrete opening measures for foreign participation in Chinese assets is the open question worth tracking.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
3m ago
China’s NPC to Draft Dedicated Law on Regulatory Filing Review
3m ago
Onshore yuan closes at 6.7062 per dollar, up 17 pips
10m ago
PBOC’s Lu Lei: Central Bank to Issue Treasury Bonds and Central Bank Bills on a Regular Basis
21m ago
Novo Nordisk’s Wegovy wins China approval for MASH with liver fibrosis
21m ago
Foreign entities hold over RMB 11 trillion in onshore Chinese financial assets
22m ago
China Extends Anti-Dumping Probe Into Pecans From Mexico, US to March 2027