Institutional opening-up to pay dividendsDeep transition expected to strengthen nation's financial system and equip banks in supporting expansion of Chinese companies overseasBy JIANG XUEQING | China Daily | Updated: 2026-03-23 09:14

　　

　　

　　

MA XUEJING/CHINA DAILY

　　China is accelerating a deeper phase of financial opening-up, shifting beyond market access toward a new era of "institutional opening" anchored in global standards for rules, regulation, governance and financial infrastructure.

　　This is a transformation that is expected to strengthen the country's modern financial system while equipping banks to better support Chinese companies expanding along reconfigured global industrial chains.