The People's Bank of China (PBOC) held talks with a visiting board delegation from the US-China Business Council, led by Deputy Governor Xuan Changneng on behalf of Governor Pan Gongsheng, focusing on China-US economic and trade relations, China’s macroeconomic policy and financial sector opening. During the meeting, Xuan said the PBOC will continue advancing high-level opening of the financial sector and further improve the environment for foreign investment, noting that the Governor has convened multiple roundtables with foreign companies and financial institutions to gather feedback. He encouraged US companies and financial institutions to invest in China and participate in the development of China’s financial markets, while the Council and member company representatives, including Goldman Sachs and PwC, expressed interest in long-term investment in China and supporting mutually beneficial China-US economic and trade cooperation.
Central Bank of the Republic of China2025-08-01
People's Bank of China meets US-China Business Council delegation and reiterates push for high-level financial sector opening
The People's Bank of China (PBOC) engaged with the US-China Business Council to discuss economic and trade relations, macroeconomic policy, and financial sector opening. Deputy Governor Xuan Changneng emphasized the PBOC's commitment to enhancing the foreign investment environment and encouraged US participation in China's financial markets. Council members, including Goldman Sachs and PwC, expressed interest in long-term investment and supporting cooperation.