The People's Bank of China reported that Governor Pan Gongsheng met with visiting Reserve Bank of Australia Governor Michele Bullock and exchanged views on the two countries’ economic and financial conditions, monetary policy, and China–Australia financial cooperation. Pan noted that China’s macro policies have been more proactive this year and that the economy has continued to improve. In the context of external uncertainty, he called for China and Australia to further deepen practical cooperation in the financial sector to jointly address global challenges. People's Bank of China Deputy Governor Xuan Changneng also attended the meeting.