He Lifeng Meets CIC International Advisers on Financial Opening-Up

What changed

China’s Vice Premier He Lifeng met members of China Investment Corporation’s International Advisory Council at Beijing’s Diaoyutai State Guesthouse on October 18.

He said China will expand high-level opening-up and deepen financial reform during the 15th Five-Year Plan period. The council members said they remained confident in China’s economic prospects and financial markets, and would continue supporting cooperation.

Why it matters

The meeting puts international advisers into a familiar but still important role: helping China present its reform and opening-up agenda to overseas financial circles.

For CIC, the message is also about continuity. Its international council is being asked to keep acting as a bridge between China’s financial system and partners abroad, while the government frames the next planning period around broader access and deeper reform.

The practical significance remains limited for now. No specific reform, investment decision, timetable or new commitment was announced. The next meaningful signal will be whether this consultation leads to concrete financial-market changes or new forms of international cooperation.