Pan Gongsheng Attends Fourth Central Bank Governors' Meeting Between China and GCC

36Kr reports that on October 14, Pan Gongsheng, governor of the People's Bank of China (PBOC), attended the fourth meeting of central bank governors between China and Gulf Cooperation Council (GCC) member states in Bangkok, Thailand. The parties held in-depth discussions on investment exchanges, cross-border payments, and deepening cooperation between the PBOC and central banks of GCC countries. Central bank governors from participating nations stated that economic and trade and financial ties between China and GCC countries are close. Given the complex and changing international situation, further deepening bilateral economic and financial cooperation is of significant importance. Both sides will continue to advance currency cooperation, deepen cross-border payment collaboration, expand two-way investment, strengthen connectivity of financial market infrastructure, and enhance communication and coordination in international economic and financial affairs.