State Administration of Foreign Exchange: In the future, foreign capital's allocation of renminbi assets still has stable and sustainable growth space.

Jia Ning, director of the International Balance of Payments Department of the State Administration of Foreign Exchange, stated at a press conference on July 22 that we believe that in the future, foreign investment in renminbi assets still has a stable and sustainable growth space. Currently, the proportion of overseas investors holding domestic bonds and stocks is about 3%-4%. Supported by multiple positive factors, it is expected that foreign investment will continue to gradually increase in renminbi assets.