According to CoinMeta, the People's Bank of China stated that it will continue to enhance the functions of the bond market and its ability to serve the real economy, supporting more eligible overseas entities in issuing Panda Bonds. The central bank also emphasized the need to accelerate the construction of financial market systems and open up to the outside world at a high level, promote the improvement of bond market legislation, advance the development of over-the-counter bond business with caution, and continuously regulate practices such as issuance pricing and underwriting market making. At the same time, the central bank will optimize the cross-border RMB policy framework to improve the clarity and operability of these policies.