Today, 29 years ago, on September 9, 1996 (Lunar Calendar, July 27, 1996), the People's Bank of China joined the International Settlement Bank. On September 9, 1996, the Board of Directors of the International Settlement Bank passed a resolution that decided to accept the Central Bank of China, Brazil, Hong Kong, India, South Korea, Mexico, Russia, Saudi Arabia, Singapore as a new member of the Bank. International Settlement Bank was founded in 1930, is an important international financial institution, enjoys a high reputation in central bank foreign exchange reserves management and international financial research. The People's Bank of China joined the International Settlement Bank, marking the international recognition of our country's economic strength and achievements in financial industry reform and opening up, helps our country to understand the policy orientation of the main decision makers in the international financial community, better grasp the important dynamics of the