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China Vows to Guarantee Forex Supply, Guard Against External Shocks

Published: Jan. 7, 2026  1:00 a.m.  GMT+8
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The State Administration of Foreign Exchange. Photo: VCG
The State Administration of Foreign Exchange. Photo: VCG

China’s foreign exchange regulator has pledged to ensure the currency needs of businesses and individuals are met while bolstering the country’s defenses against external financial shocks, setting out its strategic priorities for 2026.

The State Administration of Foreign Exchange, or SAFE, laid out its 2026 work agenda during its annual work conference held on Jan. 5 to 6 in Beijing. The meeting marks the start of policy implementation under China’s 15th Five-Year Plan.

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  • China’s SAFE set 2026 priorities to guarantee foreign exchange access for businesses and individuals and strengthen defenses against external shocks.
  • Measures include expanding trade and investment facilitation, supporting international financial centers, enabling cross-border fund management, and improving SME currency risk tools.
  • The 2026 plan emphasizes tighter forex supervision, enhanced risk management, and revising foreign exchange regulations.
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