Deepening foreign exchange opening-up to better serve China’s new development paradigm
Keynote speech by Mr Zhu Hexin, Deputy Governor of the People's Bank of China and SAFE Administrator, at the Annual Conference of Financial Street Forum 2026, Beijing, 19 October 2026.
German President Frank-Walter Steinmeier commenced his state visit to China in the eastern province of Anhui, signaling a shift in foreign diplomacy beyond Beijing. This marks Steinmeier's first visit to China in nearly eight years, as reported by the South China Morning Post. His itinerary in Anhui includes visits to German carmaker Volkswagen’s innovation hub, cultural exchange sites, and a sustainable urban development project.
Steinmeier will later travel to Beijing, where he will meet with top leaders, including President Xi Jinping and Premier Li Qiang. His visit aims to address Germany's complex and multifaceted relationship with China, as well as the challenges they face. The trip underscores Berlin's push for dialogue, despite trade friction driven by German anxiety over Chinese competition in manufacturing.
Written by urgent.news from Reuters Business via SCMP's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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