ME AI News: Zhu Hexin, Deputy Governor of the People’s Bank of China and Administrator of the State Administration of Foreign Exchange, said at the opening ceremony of the 2026 Financial Street Forum Annual Conference on October 19 that, building on efforts to improve the quality and effectiveness of existing policies, the State Administration of Foreign Exchange plans to roll out a package of new measures. First, it will introduce a package of measures to facilitate current-account transactions, better meeting the diverse settlement needs of foreign trade enterprises. Second, it will introduce a package of measures to optimize foreign exchange administration under the capital account, better meeting enterprises’ needs for cross-border investment and financing and fund allocation. Third, it will promote the opening and development of the foreign exchange market, expand the pilot program for securities firms to conduct foreign exchange settlement and sales, support financial institutions in providing exchange rate risk management services to enterprises—especially small and medium-sized enterprises—and enhance cross-border service capabilities. (Xinhua) (Source: ME)