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Live Updates  >  Live Update Details

2026-05-25 21:33:54

[Pan Gongsheng, Governor of the People's Bank of China, Meets with De Gallo, Governor of the Bank of France] On May 25, 2026, Pan Gongsheng, Governor of the People's Bank of China, met with De Gallo, Governor of the Bank of France. The two sides exchanged views on the global and Chinese economic situation, Sino-French and Sino-European economic and financial cooperation, and global economic and financial governance. Pan Gongsheng stated that in recent years, under the strategic guidance of the heads of state of China and France, Sino-French relations and cooperation have made positive progress. Currently, the global economy faces multiple challenges, including geopolitical conflicts. China and France, and China and Europe, should strengthen strategic communication, jointly uphold multilateralism, and work together to build a more fair, just, inclusive, and resilient global financial governance system. China is firmly committed to opening up its financial sector and welcomes financial institutions from all countries, including France, to deepen their presence in the Chinese market. The People's Bank of China is willing to continue deepening exchanges and cooperation with the Bank of France to continuously elevate Sino-French and Sino-European financial cooperation to new heights. De Gallo stated that deepening Sino-French and Sino-European cooperation is of great significance in the current complex and volatile international situation. The Bank of France attaches great importance to its cooperative relationship with the People's Bank of China and is willing to further strengthen communication and coordination to jointly promote the improvement of global economic and financial governance. Following the meeting, De Gallo delivered an academic lecture at the People's Bank of China and exchanged views with staff. Xuan Changneng, Vice Governor of the People's Bank of China, attended the meeting and chaired the lecture. Yi Gang, President of the China Finance Society, also attended the lecture (People's Bank of China).

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