Significant achievements in financial openness and innovation in Shenzhen have been made, with breakthrough progress in three major areas.
Journalists learned at the press conference held by the Shenzhen Branch of the People's Bank of China and the Shenzhen branch of the State Administration of Foreign Exchange in the second quarter of 2025 that Shenzhen has made breakthrough progress in three major areas: facilitating non-cash payments for foreign nationals, issuing technology innovation bonds, and providing cross-border financial services. The transaction volume of non-cash payments by foreign nationals increased by 29% year-on-year, the scale of technology innovation bond issuance exceeded 20 billion yuan, and the cross-border RMB payment and settlement amount reached 2.76 trillion yuan.
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