国家外汇管理局副局长、新闻发言人王春英日前表示，去年9月至12月外资连续净增持境内债券累计逾600亿USD，显示更多外资配置人民币资产。多位外资金融机构人士同意记者采访时表示，伴随中国经济持续恢复向好，中国债券市场的开放力度不断加强，将继续看好中国债券市场。
[WANG GANG/FOR CHINA D人工智能LY]
Buoyed by an upward trend in the economy and continued opening-up efforts, China's bond market has maintained its appeal for foreign capital despite lingering global financial volatility.
在经济增长和持续对外开放的推进下，尽管全球金融动荡持续，但中国债券市场仍维持着对外资的吸引力。
Overseas investors continued to purchase Chinese bonds from September to December 2023, with an increase of over $60 billion in net holdings, indicating the growing popularity of renminbi assets, according to the state Administration of Foreign Exchange.
依据国家外汇管理局的数据，2023年9月至12月，国外投资者继续购买中国债券，净持有量增加了600多亿USD，这表明人民币资产愈加受青睐。
Although the US and European interest rate hikes made the yields of Chinese bonds less stellar, the Chinese bond market, the world's second-largest, has remained a magnet for foreign investors.
尽管美国和欧洲加息使中国债券的收益率降低，但作为世界第二大债券市场，中国债券市场仍然吸引着外国投资者。
Ching Cheuk-hung, senior Executive Vice-President and Deputy Chief Executive officer of HSBC Bank company Limited, said the country's steady economic recovery, effective pro-growth measures, and accelerated economic restructuring have helped boost the attractiveness of RMB-denominated assets.
汇丰中国常务副行长兼副行政总裁程卓雄表示，中国经济回升向好，提振手段不断颁布，经济结构转型稳步提速，使得人民币资产的投资价值得到了更好的体现。
The correlation between Chinese bonds and European and US bonds is relatively weak, and purchasing Chinese bonds has become a necessary choice for more and more international investors, said John Tan, standard Chartered head of financial markets in Asia.
“中国债券和欧美债券的关联性较低。配置中国债券已成为愈加多国际投资者的必选项。”渣打集团亚洲金融市场部主管陈铭侨表示。
According to a Standard Chartered research report, a more dovish US Federal Reserve, a better RMB outlook and the currency's rising international usage are conducive to bringing more foreign inflows to China's onshore bonds in 2024, and the number of foreign investors is likely to continue to rise.
渣打银行一份研究报告觉得，伴随美联储有望降息，人民币国际化节奏加速，预计2024年外资将持续净买入中国债券，投资中国债券市场的外资机构数目也将进一步提高。
The bond market opening-up has picked up pace since the beginning of this year. RMB treasury bonds and financial bonds issued by policy banks can be used as eligible collateral under the Bond connect program, and all existing overseas institutions in the Chinese bond market are allowed to conduct repurchase business.
今年以来，债券市场对外开放节奏加快。政策性银行发行的人民币国债和金融债券可作为债券通计划下的合格抵押品，允许中国债券市场上所有现有国外机构拓展回购业务。
Analysts believe that the new measures will further enhance the attractiveness of China's bond market and help investors better manage liquidity and control capital cosplayts, marking a step forward in market opening-up.
剖析人士觉得，新手段将进一步增强中国债券市场的吸引力，帮助投资者更好地管理流动性和控制资金本钱，标志着市场开放迈出了一步。
The Bond Connect program, launched in July 2017, is a mutual market-access scheme that allows overseas investors to invest in the Chinese mainland's interbank bond market.
债券通计划于2017年7月启动，是一项允许境外投资者投资中国大陆银行间债券市场的互市准入计划。
By the end of 2023, overseas institutions held 3.72 trillion yuan of Chinese bonds, up 340 percent from the value before the launch of the program.
截至2023年末，境外机构在中国债券市场的推广托管余额为3.72万亿元，较“债券通”开通前增长340%。
Moreover, China's National association of Financial Market Institutional Investors has approved 10 more foreign-funded institutions, including HSBC and Standard Chartered, as lead underwriters or underwriters of debt financing instruments for non-financial enterprises.
除此之外，中国金融市场机构投资者协会已批准包含汇丰银行和渣打银行在内的10家外资机构作为非金融企业债务筹资工具的主承销商或承销商。
Foreign investors mainly held treasury and policy bonds in China and their asset allocation of credit debts has much room for improvement, HSBC's Ching said.
程卓雄表示，境外投资者现在持有些中国债券品种主要集中在国债、政策性金融债等，对信用债的配置还有非常大的提高空间。
Wesley Yang, Deputy CEO of Standard Chartered China, said the bank will help Chinese issuers achieve high-quality development through green bond issuance and will support the bond financing of micro, small and medium-sized enterprises.
渣打银行公司副行长杨京称，渣打银行将帮助发行人通过绿色债券达成优质进步，并支持中小微企业的债券筹资。
China's financial opening-up is advancing steadily and beats expectations, said Samuel Fischer, Head of China onshore Debt Capital Markets of Deutsche Bank, adding that the bank is optimistic about the development prospects and potential of RMB financing.
德意志银行中国债务资本市场主管方中睿觉得，中国的金融开放稳步推进，超出预期，德银看好人民币筹资的进步前景和潜力。
"As one of the first foreign banks fully licensed in China's interbank bond market, Deutsche Bank will continue to leverage our strengths to offer financing solutions to bond issuers with different credit backgrounds to tap into China's debt capital market," said Fischer. "We're committed to promoting the further opening-up of China's capital market and the long-term development of China's bond market."
“作为首批在中国银行间债券市场获得全方位许可的外资银行之一，德意志银行将继续借助大家的优势，为不同信用背景的债券发行人提供筹资解决方法，以发展中国的债务资本市场。”。“大家致力于推进中国资本市场的进一步开放和中国债券市场的长期进步。”方中睿说。
重点词语
Buoyed 使浮起
upward trend 上升的趋势
opening-up 对外开放 ; 拓展 ; 开放性 ; 开放化
bond market 债券市场
appeal for 上诉 ; 呼吁
foreign capital 外资 ; 外国资本，外资
according to 依据 ; 根据 ; 按 ; 根据 ; 据
State Administration of Foreign exchange 国家外汇管理局 ; 的国家外汇管理局 ; 中国国家外汇管理局 ; 外管局
interest rate 利率
foreign investors 外国投资者 ; 外商 ; 外资 ; 外国投资人 ; 外国的投资者
英文来源：新华网