AI boom, future industries boost global appeal of RMB assets

Renminbi assets are drawing growing interest, underpinned by China's strong growth outlook and the rapid expansion of future-oriented industries, Stefan Hoops, CEO of DWS, Deutsche Bank's asset management arm, said.

He highlighted that China's 15th Five-Year Plan (2026-30) not only focuses on boosting consumption and self-reliance but also spans a broad range of emerging sectors, reflecting a forward-looking growth strategy.

China has already made notable advances in fields such as artificial intelligence and is ramping up investment in advanced manufacturing, with innovation spanning areas ranging from medical devices to consumer technology. The country offers both strong AI capabilities and a vast industrial ecosystem—a combination that continues to draw foreign institutional investors, Hoops said.