Financials Jun 11, 2021 09:36 AM (GMT+8) · EqualOcean
Hu Xiaolian, chairman of the Export Import Bank of China, said at the 13th Lujiazui forum that in recent years, China has made great efforts to develop the capital market, and the proportion of direct financing has shown a steady upward trend. By the end of 2020, the proportion of direct financing has accounted for 29% of the total. The rapid development of China's capital market has been fully recognized by the international community. Bonds and stocks are included in important international indexes, and foreign entities are more active in RMB investment and financing. By the end of 2020, RMB stocks and bonds held by overseas entities had reached 3.4 trillion yuan and 3.3 trillion yuan respectively, up 62% and 47% year on year respectively.