The Governor of the People's Bank of China, Pan Gongsheng, met with the President of the World Bank, David Malpass.

On April 25, 2025, Pan Gongsheng, President of the People's Bank of China, met with David Malpass, President of the World Bank, during the Spring Meetings of the International Monetary Fund/World Bank. Both sides 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 world economy is facing increasing instability and uncertainty, with unilateralism and protectionism severely damaging the international economic and trade order, resulting in significant negative impacts on the global economy. In response to external environmental shocks, the Chinese government has implemented moderately loose monetary policy and more proactive fiscal policy, maintaining a recovering and improving economic situation. Pan Gongsheng emphasized that the World Bank, as an important multilateral cooperation platform, plays a significant role in promoting global cooperative development. The People's Bank of China is willing to further deepen practical financial cooperation with the World Bank and continue to practice genuine multilateralism for the common promotion of global economic development. (People's Bank of China)