PBoC governor highlights Chinese bond market development and internationalisation

In a speech discussing implementation of the 18th National Congress of the Communist Party of China (CPC) – which will set the political agenda for China over the next five years – People's Bank of China (PBoC) governor, Zhou Xiaochuan, highlighted the country's bond market as a target for development. Zhou referred to both the mainland and Hong Kong markets and referred explicitly to the internationalisation of China's financial sector.