The Deputy Governor of the People's Bank of China, Xuanchang Neng, attends the G20 Finance and Central Bank Deputies Meeting.

date
28/02/2026
On February 25, 2026, the G20 held a deputy-level meeting of finance and central bank officials in the form of a video conference. The meeting focused on global economic growth. The Deputy Governor of the People's Bank of China, Xuan Changneng, attended the meeting and delivered a speech. Xuan Changneng stated that in order to address the current complex and changing challenges in global economic growth, countries should adhere to multilateralism and open win-win cooperation, maintain the international economic and trade order, and collectively build an open world economy. China supports the G20 in strengthening macroeconomic policy coordination and experience sharing through financial channels, eliminating obstacles to economic growth, and promoting strong, sustainable, balanced, and inclusive growth. Xuan Changneng pointed out that the Chinese economy has a stable foundation, multiple advantages, strong resilience, and great potential, and the long-term supporting conditions and basic trends have not changed. China is promoting the construction of a scientifically sound monetary policy system and a comprehensive macro-prudential management system, smoothing the transmission mechanism of monetary policy, improving the coordinated functions of investment and financing in the capital market, guiding financial resources to better serve high-quality growth, promoting economic structural transformation and upgrading, and injecting more stability and certainty into the world economy's recovery and growth.