On October 26, China issued sovereign foreign currency bonds again after 13 years, and this was well-received by the capital market. The media said China's US dollar sovereign bond subscription amount has reached 20 billion US dollars, 10 times more than the originally planned amount, and the subscription amount has reached more than 10 billion US dollars after the first hour it was open for subscription, with the participation of a number of foreign banks. The success is likely to reduce the financing costs of Chinese enterprises in the international market.