[PBoC Deputy Governor Tao Ling: Will continue to support financial institutions in carrying out RMB overseas loans and cross-border trade financing] On October 16th, Tao Ling, Deputy Governor of the People's Bank of China, said at the Global Wealth Management Forum·2026 Shanghai Suhewan Conference on the 16th that in the next step, in order to further meet the RMB liquidity needs of the offshore market, we will continue to support financial institutions in carrying out RMB overseas loans and cross-border trade financing, improve banks' cross-border inter-bank RMB financing policies, and encourage more overseas Institutions participate in the issuance and trading of panda bonds, support the development of the RMB dim sum bond market in Hong Kong, enrich liquidity management and risk management tools, and continue to promote the repo market and derivatives market, product innovation and mechanism improvement on the basis of the launch of offshore RMB bond repurchase and cross-border repurchase businesses. At the same time, support clearing banks to better assume the role of liquidity supply in the offshore market, play the role of currency swap mechanisms, and establish normalized swap fund use arrangements with more qualified countries and regions.