The Governor of the People's Bank of China, Pan Gongsheng, attended the 51st International Monetary and Financial Committee meeting.

On April 24-25, 2025, the International Monetary Fund (hereinafter referred to as the Fund) held the 51st International Monetary and Financial Committee (IMFC) meeting in Washington, D.C., USA. The meeting discussed the Global economic and financial situation, as well as issues related to the work of the Fund. The Governor of the People's Bank of China, Pan Gongsheng, attended the meeting and spoke. The Vice Governor of the People's Bank of China, Xuan Changneng, also participated in the meeting. The meeting pointed out that the world economy is at a critical turning point. Recent trade tensions have intensified, leading to uncertainty and market volatility, posing risks to economic growth and financial stability. The meeting reiterated support for a strong, quota-based, and resource-rich Fund as the core of the Global financial safety net, and expects all countries to expeditiously complete domestic approval procedures for the quota increase under the Sixteenth General Quota Review. The meeting expressed that the adjustment of the Fund's quota share should aim to better reflect the relative weight of members in the Global economy while protecting the voice of the poorest countries. (People’s Bank of China)