Lan Fo'an Attends the Third G20 Finance Ministers and Central Bank Governors Meeting in 2026 and Holds Multiple Bilateral Meetings

On October 15, 2026, the United States, as the G20 presidency, held the third G20 Finance Ministers and Central Bank Governors Meeting of the year in Bangkok, Thailand. The meeting mainly discussed topics including the global macroeconomic situation, financial sector development, progress and work outlook of G20 finance track cooperation. Minister of Finance Lan Fo'an attended the meeting and delivered remarks, accompanied by Vice Minister Liao Min. Lan Fo'an stated that at present, global economic growth faces multiple challenges, and the urgent task is to properly handle issues such as geopolitical conflicts, rising protectionism, and intensifying fragmentation, so as to create a favorable environment for global growth. The G20 should increase certainty through macroeconomic policy coordination, cultivate new momentum through structural reforms, and expand the global economic and trade pie through openness and cooperation, making positive contributions to strong, balanced, sustainable, and inclusive growth of the world economy, and continuing to play a leading role in improving global governance and addressing global challenges. Discussions by the G20 on major global international economic and financial issues should adhere to the principles of comprehensiveness, objectivity, and balance. China calls on all parties to uphold the spirit of consensus-building, fully respect and accommodate each other's legitimate concerns, and jointly support the presidency in hosting a successful G20 Leaders' Summit and promoting balanced and pragmatic outcomes. Lan Fo'an also stated that this year is the opening year of China's 15th Five-Year Plan, and the Chinese economy has continued its overall stable and improving development trajectory, moving toward new and better development. We will implement a more proactive fiscal policy in a precise and effective manner, promote the economy's continued development toward new and better directions, and inject confidence and certainty into the world economy. During the meeting, Lan Fo'an held bilateral meetings or exchanges upon request with Thai Deputy Prime Minister and Minister of Finance Ekniti, Russian Minister of Finance Siluanov, UK Chancellor of the Exchequer Healey, Singapore Minister in the Prime Minister's Office and Second Minister for Finance and National Development Indranee, Saudi Minister of Finance Al-Jadaan, Indonesian Minister of Finance Nazara, Pakistani Minister of Finance Aurangzeb, Qatari Minister of Finance Al-Kuwari, and others, mainly exchanging views on the macroeconomic situation, key issues of the G20 finance track, and bilateral cooperation. Vice Minister Liao Min and Assistant Minister Chang Junhong accompanied the meetings. This article is reprinted from the official website of the "Ministry of Finance." GMTEight editor: Jiang Yuanhua.