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      China to Outline Financial Power Plans in Upcoming Briefing

      China's State Council Information Office is scheduled to hold a press briefing on September 10 at 3:00 PM Beijing time, which corresponds to 7:00 AM GMT and 3:00 AM US Eastern time. The briefing will focus on the implementation of the 15th Five-Year Plan, which aims to establish China as a significant financial power. Among the speakers will be Lu Lei, deputy governor of the People's Bank of China, indicating that monetary policy will be a key topic of discussion.

      The briefing will also feature officials from various regulatory bodies, including the National Financial Regulatory Administration, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange. This diverse representation highlights the comprehensive approach to financial sector development outlined in the new five-year plan, which spans from 2026 to 2030.

      Market participants are expected to closely monitor the briefing for insights into capital account policy, the internationalization of the renminbi, and capital market reforms. These areas are critical as they directly impact global markets and reflect China's ambitions to enhance its financial influence internationally.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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