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pan gongsheng: increase the intensity of monetary policy regulation and improve the precision of monetary policy regulation

2024-09-23

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on september 23, pan gongsheng, governor of the people's bank of china, met with ho iat seng, chief executive of the macao special administrative region. the two sides exchanged views on issues of common concern such as strengthening financial cooperation between the mainland and macao. pan gongsheng said that since its return to the motherland 25 years ago, macao has successfully implemented "one country, two systems" and achieved remarkable development achievements. the people's bank of china will continue to strengthen financial cooperation with macao, support the moderate diversification of macao's economy, promote the modern financial industry, and better integrate into the overall national development.

on september 23, the second china-portuguese-speaking countries central bank and financiers conference was held in the macao special administrative region. pan gongsheng, governor of the people's bank of china, attended the meeting and delivered a speech. pan gongsheng said that china's economy is growing steadily, and the people's bank of china will continue to adhere to a supportive monetary policy stance, increase the intensity of monetary policy regulation, and improve the precision of monetary policy regulation to create a good monetary and financial environment for china's stable economic growth and high-quality development. macao has close ties with portuguese-speaking countries. the people's bank of china will continue to support macao in leveraging its unique advantages and bridge role, building a financial cooperation platform between china and portuguese-speaking countries, deepening cooperation in various fields, and achieving mutual benefit and win-win results. the governors of the central banks of the participating portuguese-speaking countries exchanged views on topics such as financial cooperation between china and portuguese-speaking countries, the role of central banks in supporting economic development and financial stability, and financial technology.