The Governor of the People's Bank of China, Pan Gongsheng, meets with the President of the World Bank, Jim Yong Kim.

On April 25, 2025, during the International Monetary Fund/World Bank Spring Meetings, Pan Gongsheng, Governor of the People's Bank of China, met with the President of the World Bank, David Malpass. They exchanged views on topics such as cooperation between the People's Bank of China and the World Bank. Pan Gongsheng pointed out that the current global economy is facing increasing instability and uncertainty, with unilateralism and protectionism seriously harming the international economic and trade order and causing significant negative impacts on the global economy. In response to external shocks, the Chinese government has implemented a moderately loose monetary policy and a more proactive fiscal policy, leading to a continued improvement in the economic outlook. Pan Gongsheng emphasized that the World Bank, as an important multilateral cooperation platform, plays a significant role in promoting global cooperation and development. The People's Bank of China is willing to further deepen practical financial cooperation with the World Bank and continue to uphold true multilateralism to jointly promote global economic development.