Chairman of the City of London: The internationalization of the RMB is a benchmark for Sino-British cooperation. Both parties are working together to strengthen the offshore RMB market.

During the 2026 Lujiazui Forum, He Kaisi, Chairman of the London Financial City Government Policy and Resources Committee, stated in an interview that the internationalization of the Renminbi is a representative milestone of China-UK financial cooperation. Currently, London is the largest and most mature offshore Renminbi business hub in the world outside of mainland China. In order to deepen bilateral cooperation, China and the UK have established a Renminbi Market Monitoring Group to share market information, exchange institutional needs, and jointly promote the stable development of London's offshore Renminbi market.