Industrial and Commercial Bank, Agricultural Bank, Bank of China, Construction Bank, and Bank of Communications collectively announce the implementation of offshore Renminbi foreign exchange pilot trading.

In order to promote the two-way opening of the foreign exchange market and integrate the onshore and offshore markets, the Governor of the People's Bank of China, Pan Gongsheng, announced at the 2026 Lujiazui Forum that Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, and China Citic Bank are authorized to conduct offshore renminbi foreign exchange trading pilot projects in the Shanghai Free Trade Zone. So far, ICBC, ABC, BOC, CCB, and BoCom have all announced the implementation of offshore renminbi foreign exchange trading pilots.