On October 14, 2026, Pan Gongsheng, Governor of the People's Bank of China, attended the fourth meeting of central bank governors of the China-Gulf Cooperation Council member countries in Bangkok, Thailand. The parties had in-depth exchanges on topics such as investment transactions, cross-border payments, and deepening cooperation between the People's Bank of China and the central banks of the GCC countries. Central bank governors of participating countries said that China has close economic, trade and financial ties with the GCC countries. The current international situation is complex and changing, and further deepening economic and financial cooperation between the two sides is of great significance. The two sides will continue to promote local currency cooperation, deepen cross-border payment cooperation, expand two-way investment, strengthen financial market infrastructure connectivity, and strengthen communication and coordination in international economic and financial affairs.

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