People's Bank of China: Accelerate financial support for the construction of the new Western Land-Sea Corridor to promote the implementation of various measures.

The People's Bank of China held a press conference on December 25, 2025. Mr. Lu Lei, member of the Party Committee and Deputy Governor of the People's Bank of China, stated that next, the People's Bank of China will work with relevant departments to promote the implementation of the various measures in the "Opinions," solidly improve financial services for the land-sea new corridor, comprehensively enhance the financial service level of the land-sea new corridor, and help create a new pattern of opening up with internal and external linkages, mutual assistance between East and West. Mr. Chen Xinwu, Deputy Secretary of the Chongqing Municipal Committee and Executive Vice Mayor, introduced that the Western Land-Sea New Corridor now reaches 583 ports in 127 countries and regions, with over 1,300 types of goods being transported. The circle of friends is getting wider, and the influence is growing. The People's Bank of China is leading eight national ministries to jointly issue the first financial special policy document to support the construction of the Western Land-Sea New Corridor. This not only implements the spirit of the Party's Fourth Plenary Session of the Twentieth Central Committee, but will also provide strong financial support for high-level opening up in mainland areas, including Chongqing. The press conference attendees also included Wang Xin, Director of the Research Bureau of the People's Bank of China, Guo Wuping, spokesperson and Director of the Policy Research Department of the China Banking and Insurance Regulatory Commission, Huang Jianshan, Deputy Director of the Bond Department of the China Securities Regulatory Commission, and Chen Zhiwei, Director of the Foreign Exchange Research Center of the State Administration of Foreign Exchange. Mr. Yao Li, Secretary of the Party Committee and President of the Chongqing Branch of the People's Bank of China, also attended. Thank you.