The People's Bank of China published a readout of Governor Pan Gongsheng's meeting with the governor of the French central bank, covering global and Chinese economic conditions, China France and China Europe economic and financial cooperation, and global economic and financial governance. The readout points to continued efforts on both sides to deepen central bank communication and coordination, while Pan reiterated that China is continuing to open its financial sector and welcomes foreign financial institutions, including those from France, to expand their presence in the Chinese market. Pan said geopolitical conflict and other challenges facing the global economy make stronger China France and China Europe strategic communication necessary to uphold multilateralism and support a fairer, more inclusive and more resilient global financial governance system. The French central bank governor said deeper China France and China Europe cooperation is important in the current international environment and that the French central bank wants to strengthen communication and coordination with the People's Bank of China.

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