China’s State Administration of Foreign Exchange held a party leadership meeting on Oct. 30, 2026, chaired by Zhu Hexin, the agency’s party secretary and director, according to ChainCatcher. The meeting conveyed and studied President Xi Jinping’s important speech at the Fifth Plenary Session of the 20th CPC Central Committee, along with the spirit of the plenary session, and arranged follow-up implementation work.
The meeting said the agency should firmly carry out major decisions and deployments from the Party Central Committee. It also called for implementing the requirements of the 15th Five-Year Plan, improving a foreign exchange management system that is more convenient, more open, more secure and smarter, and pushing forward deeper reform and higher-level opening in the foreign exchange sector.
Other priorities listed at the meeting included advancing the "five major financial tasks," maintaining stability in the foreign exchange market and national economic and financial security, cracking down hard on illegal cross-border financial activity, and strengthening foreign reserve operation and management capabilities.
According to ChainCatcher, Zhu Hexin, Party secretary and director of the State Administration of Foreign Exchange, chaired a party leadership meeting on Oct. 30, 2026. The meeting conveyed and studied President Xi Jinping’s important speech at the Fifth Plenary Session of the 20th CPC Central Committee and the spirit of the session, and reviewed work arrangements for implementation. Members of the SAFE party leadership group attended.
The meeting called for firm implementation of major decisions and deployments from the Party Central Committee. It also said the agency should carry out the requirements of the 15th Five-Year Plan, improve a foreign exchange management system that is more convenient, more open, more secure and smarter, advance deeper reform and higher-level opening in the foreign exchange sector, promote the "five major financial tasks," maintain stability in the foreign exchange market and national economic and financial security, crack down hard on illegal cross-border financial activity, strengthen foreign reserve operation and management capabilities, and stay on the path of financial development with Chinese characteristics.
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