Shanghai Free Trade Offshore Bond Concentration Intention Signing Ceremony Held

On June 17, the Shanghai Free Trade Offshore Bond centralized intention signing ceremony was successfully held. ICBC, ABC, Bank of China, CCB, Bank of Communications, CICC, SPD Bank and Guotai Junan Securities have respectively completed the signing with their relevant partners. The issuers of the Free Trade Offshore Bonds include overseas subsidiaries of Chinese "going global" enterprises, overseas branches of financial institutions, and high-quality enterprises in countries and regions along the "Belt and Road" initiative. Free Trade Offshore Bonds is a key area for conducting offshore financial trials and promoting high-level financial opening. At the 2026 Lujiazui Forum, the People's Bank of China and five other departments jointly issued the "Shanghai International Financial Center's Development of Offshore Financial Action Plan", further supporting the investment of Free Trade Offshore Bonds by the separate account accounting units in the Shanghai Free Trade Zone within the special quota, providing liquidity support for the scaled operation of Free Trade Offshore Bonds. In conjunction with this, the China Banking and Insurance Regulatory Commission issued the "Notice on Matters Related to Commercial Banks Conducting Offshore Bond Business in Pudong New Area", promoting commercial banks to conduct underwriting and other Free Trade Offshore Bond business in a standardized and orderly manner.