---
title: "STOCKS | PBOC Authorizes Six Banks for Offshore RMB FX Trading Pilot in Shanghai FTZ"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290000826.md"
description: "PBOC Governor Pan Gongsheng announced at the 2026 Lujiazui Forum that six banks—ICBC, ABC, BOC, CCB, BoCom, and CITIC—are authorized to conduct offshore RMB foreign-exchange trading in the Shanghai FTZ using the China Foreign Exchange Trade System platform. The pilot aims to promote the development of the offshore RMB FX market based on its results."
datetime: "2026-06-17T04:49:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290000826.md)
  - [en](https://longbridge.com/en/news/290000826.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290000826.md)
---

# STOCKS | PBOC Authorizes Six Banks for Offshore RMB FX Trading Pilot in Shanghai FTZ

PBOC Governor Pan Gongsheng said at the 2026 Lujiazui Forum that China will launch a pilot for offshore renminbi foreign-exchange trading in the Shanghai Free Trade Zone. According to Ming Pao, Industrial and Commercial Bank of China (1398), Agricultural Bank of China (1288), Bank of China (3988), China Construction Bank (0939), Bank of Communications (3288) and China CITIC Bank (0998) are authorized to use the China Foreign Exchange Trade System platform to conduct offshore RMB FX trading in the zone. Pan said authorities will further promote development of the offshore RMB FX trading market based on the pilot’s results.

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