China's bond market sees steady growth in 2024, reaching $10.94 trillion

BEIJING, 2nd February, 2025 (WAM) -- China's bond market experienced steady growth in 2024, marked by stable progress in opening up to foreign investors and a more diversified investor base.

A report issued by the People's Bank of China (the central bank) on Saturday revealed that China issued bonds totalling 79.3 trillion yuan (approximately $10.94 trillion) last year, an 11.7 percent year-on-year increase. This