The first meeting of the Sino-Canadian 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 the Governor of the People's Bank of China, Pan Gongsheng, and the Canadian Minister of Finance, Shawn Pangfei. 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 senior representatives from the Canadian Ministry of Finance, the Bank of Canada, and the Canadian Financial Institutions Regulatory Authority attended the meeting. The China-Canada Financial Working Group was established in January 2026, providing a mechanism for exchanges between China and Canada 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. 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 two financial regulatory authorities exchanged views on global macroeconomic conditions, monetary policy, financial regulation, financial market development, global financial governance, and addressing the growing uncertainties. Both sides agreed that strengthening exchanges between regulatory authorities and financial institutions helps to create a stable, predictable business environment and promote economic and trade exchanges between the two countries. They recognized the important role of the financial sector in promoting economic growth, and bilateral trade and investment, and believed that enhancing communication between the two financial regulatory authorities is of positive significance. As a complementary activity of the China-Canada Financial Working Group, a roundtable meeting was held with financial institutions. The meeting was chaired by the Governor of the People's Bank of China, Pan Gongsheng. Representatives from the China Banking and Insurance Regulatory Commission, the Deputy Minister of Finance, Liao Min, the Deputy Governor of the People's Bank of China and Director of the State Administration of Foreign Exchange, Zhu Hexin, the Deputy Governors of the People's Bank of China, Xuan Changneng, the Vice Chairman of the China Securities Regulatory Commission, Chen Huaping, as well as the Canadian Minister of Finance, Shawn Pangfei, the Governor of the Bank of Canada, Michael Lacombe, the Canadian Ambassador to China, Meiqian Lin, and the Director of the Canadian Financial Institutions Regulatory Authority, Laurier Litchi, attended the meeting. The financial regulatory authorities listened to suggestions and demands from financial institutions of both countries on the development of financial markets, cooperation opportunities, and innovation in the financial sector, and responded accordingly. Representatives from China Investment Corporation, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank Corporation, Everbright Group, China Life Insurance Group, as well as senior officials from Manulife Financial Group, Bofeng Asset Management Company, Yongming Financial Group, Montreal Bank, The National Bank of Canada, and the Imperial Bank of Canada and other financial institutions attended the meeting. This article was selected from the official website of the People's Bank of China, edited by GMTEight: Liu Jiayin.