During the International Monetary Fund and World Bank Annual Meeting in Washington, USA in October 2024, the China-USA Financial Working Group held its sixth meeting. The meeting was co-chaired by Xuan Changneng, Deputy Governor of the People's Bank of China, and Neiman, Assistant Secretary of the U.S. Treasury. Departments such as the China Banking Regulatory Commission, China Securities Regulatory Commission, State Administration of Foreign Exchange, as well as the Federal Reserve, U.S. Securities and Exchange Commission, Federal Deposit Insurance Corporation, among others, participated.

Both sides had a professional, pragmatic, frank, and constructive communication on financial policy issues of mutual concern, including the macroeconomic and financial situations of both countries, monetary and financial policies, financial stability and regulation, capital markets, anti-money laundering and counter-terrorism financing, and other financial policy topics. China introduced a package of policies supported by the financial regulatory authorities to promote stable economic growth, including two tools to support the stable development of capital markets, namely Securities, Funds, Insurance Companies, and Exchange Facilities (SFISF), and share buyback increased lending. China also expressed concerns to the United States on related issues.

The meeting received reports from both technical expert groups on the preparation of the international balance of payments, crisis communication of Global Systemically Important Banks (G-SIBs), climate and insurance industry risks, and exchanged views on how to strengthen cross-border financial service supervision cooperation.

U.S. Treasury Secretary Yellen met with the Chinese delegation of the China-U.S. Financial Working Group.