Director Zhu Hexin met with Mr. Du Jiaqi, Chairman of Yubaobao Insurance Group.

On May 18, 2026, Zhu Hexin, Vice Governor of the People's Bank of China and Director of the State Administration of Foreign Exchange, met with Sir Douglas Jiaqi, Chairman of the visiting Friendly Nations Insurance Group. The two sides exchanged views on international economic and financial situation, opportunities for China's economic development, foreign exchange policy to support high-quality development of the insurance industry, and other topics. Li Hongyan, Deputy Director of the State Administration of Foreign Exchange, accompanied the meeting.