The governor of the People's Bank of China, Pan Gongsheng, attended the 52nd International Monetary and Financial Committee meeting

On October 18, 2025, the international monetary fund held the 52nd International Monetary and Financial Committee (IMFC) meeting in Washington, D.C., the United States. The meeting discussed the global economic and financial situation, the work of the IMF and other topics. Pan Gongsheng, Governor of the People's Bank of China, attended the meeting and delivered a speech. Pan Gongsheng pointed out that trade frictions and geopolitical uncertainties have dragged down world economic growth and weakened global growth momentum. Fiscal sustainability and spillover effects in developed economies have raised concerns, financial marekt volatility may increase, and emerging markets and developing economies are facing severe challenges. Against this background, all countries should strengthen macroeconomic coordination and cooperation, firmly safeguard multilateralism, advocate an open, rules-based multilateral trading system, and inject more stability and certainty into the world economy. China is willing to further deepen cooperation with the IMF and support the IMF in playing a greater role in maintaining global economic and financial stability.