A new one-stop account opening platform has been launched for overseas investors in China's Interbank Bond Market, with trial operations beginning on Sept 15.

The platform streamlines market access and enhances flexibility in cross-border investment.

Key features include:

1. One-stop market access: Settlement agents can submit registration filings to the Shanghai Head Office of the People's Bank of China on behalf of overseas institutions.

After registration, they can apply to open accounts with the China Foreign Exchange Trade System, China Central Depository & Clearing Co, and Shanghai Clearing House, and track the application progress and results in real time.

2. Standardized application materials: A unified set of forms, with English templates, allows institutions to apply for both trading and custody accounts efficiently.

3. Information updates: Settlement agents can dynamically maintain and update overseas institutions' basic information after market entry.

Source: Shanghai Head Office of the People's Bank of China