The first meeting of the China-Canada Financial Working Group was held in Beijing.

On April 3, the first meeting of the China-Canada Financial Working Group was held in Beijing. The meeting was co-chaired by Pan Gongsheng, Governor of the People's Bank of China, and Sean Lio, Minister of Finance of Canada. Senior representatives from the People's Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the State Administration of Foreign Exchange, as well as officials from the Canadian Ministry of Finance, the Bank of Canada, and the Canadian Office of the Superintendent of Financial Institutions attended the meeting. The China-Canada Financial Working Group was established in January 2026 to provide a mechanism for exchange on topics such as financial and monetary policy, financial markets, financial stability and regulation, anti-money laundering, cross-border capital flows, and global financial governance between China and Canada. The convening of the first meeting of the working group is one of the important outcomes of recent high-level exchanges between China and Canada. During the meeting, the financial regulatory authorities of both sides exchanged views on global macroeconomic situation, monetary policy, financial regulation, financial market development, global financial governance, and responding to increasing uncertainties. Both sides agreed that strengthening communication between regulatory authorities and financial institutions contributes to creating a stable and predictable business environment and promoting economic and trade cooperation between the two countries. Both sides recognized the important role of the financial sector in promoting economic growth, facilitating bilateral trade and investment, and believed that enhancing communication between the financial regulatory authorities of both sides is of positive significance. As a complementary activity of the China-Canada Financial Working Group, a roundtable meeting was held with financial institutions. Pan Gongsheng, Governor of the People's Bank of China, chaired the meeting which was attended by officials and senior representatives from various financial institutions in China and Canada.