Lu Jing, Governor and Vice Chairman of Standard Chartered Bank Limited, said in an exclusive interview that the internationalization of the RMB is entering the 2.0 window period, shifting from a trade settlement currency to financial functions such as hedging, investable, and financeable. Its international status will also improve significantly, bringing a more diversified and stable viable option to the international monetary system. Lu Jing said that as the panda bond policy environment continues to be optimized, RMB financing costs are still attractive. At the same time, investors are becoming more diversified, market liquidity continues to improve, and the appeal of the panda bond market to overseas issuers has further increased.

Lu Jing, Governor and Vice Chairman of Standard Chartered Bank Limited, said in an exclusive interview that the internationalization of the RMB is entering the 2.0 window period, shifting from a trade settlement currency to financial functions such as hedging, investable, and financeable. Its international status will also improve significantly, bringing a more diversified and stable viable option to the international monetary system. Lu Jing said that as the panda bond policy environment continues to be optimized, RMB financing costs are still attractive. At the same time, investors are becoming more diversified, market liquidity continues to improve, and the appeal of the panda bond market to overseas issuers has further increased.