A separate State-backed foreign investment plan aims to widen financial-sector opening, expand access to hedging tools and support eligible foreign-funded companies seeking domestic listings and financing in China.
China’s financial authorities and the Shanghai municipal government have issued an action plan to develop offshore finance at the Shanghai International Financial Center, putting the digital yuan at the center of that effort. The plan calls for building and operating cross-border, offshore, and blockchain infrastructure for e-CNY through a digital yuan international operations center, while steadily expanding the currency’s offshore use cases. Separately, China’s Ministry of Commerce, National Development and Reform Commission, and Ministry of Finance released an action plan to stabilize and improve foreign investment, saying China will steadily expand financial-sector opening, support more foreign institutions in using risk-management tools including government bond futures, and back eligible key foreign-funded companies seeking domestic listings and financing. Together, the measures point to a broader push to strengthen Shanghai’s role in international finance, broaden market access for foreign investors and institutions, and extend practical applications for China’s central bank digital currency in cross-border settings.