The People’s Bank of China published a readout of Governor Pan Gongsheng’s bilateral meetings in Washington during the 2025 International Monetary Fund and World Bank Annual Meetings, covering discussions with the Gulf Cooperation Council Secretary General and the central bank governors of Brazil, Argentina, Oman, Azerbaijan and Ethiopia on the global economic and financial situation and deeper practical financial cooperation. The Chinese side highlighted ongoing uncertainty in the global economy and indicated it is willing to work with emerging market economies to deepen South-South financial cooperation, strengthen macroeconomic policy coordination, and increase emerging markets’ influence in the international financial system, with the aim of supporting global growth and maintaining global financial stability.
Central Bank of the Republic of China 2025-10-17
People’s Bank of China governor holds IMF World Bank Annual Meetings bilaterals to deepen practical financial cooperation
The People’s Bank of China reported on Governor Pan Gongsheng’s meetings at the 2025 IMF and World Bank Annual Meetings, discussing global economic conditions and financial cooperation with officials from the Gulf Cooperation Council and several countries. China emphasized its commitment to enhancing South-South financial cooperation and macroeconomic policy coordination to bolster global growth and financial stability.