Interbank currency market may open to foreign central banks

Premier Li reiterates commitment and determination to push ahead with reforms

China may allow central banks from other nations to directly invest in the nation's interbank foreign exchange market as part of its efforts to attract more overseas investment, Premier Li Keqiang said on Thursday.

Speaking at the opening of the Annual Meeting of the New Champions, or the Summer Davos, hosted by the World Economic Forum in Dalian, Liaoning province, Li said it would also be a big step toward a fully convertible capital account, after the country allowed foreign central banks to invest in the interbank bond market in July.