[Pan Gongsheng attended the fourth central bank governors’ meeting between China and the GCC and held a series of bilateral meetings] October 15th, according to the official website of the central bank, on October 14, 2026, Pan Gongsheng, governor of the People’s Bank of China, attended the fourth central bank governors’ meeting between China and the Gulf Cooperation Council (GCC) member states in Bangkok, Thailand. All parties conducted 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. The central bank governors of participating countries said that China and the GCC countries have close economic, trade and financial ties. The current international situation is complex and ever-changing, and it is of great significance to further deepen economic and financial cooperation between the two sides. 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. During the meeting, Pan Gongsheng met with Khalid, Governor of the Central Bank of the United Arab Emirates, Bandar, Governor of the Qatar Central Bank, Ahmed, Governor of the Central Bank of Oman, and Finance Minister Sultan. They exchanged views on bilateral financial cooperation and other issues, and renewed the bilateral local currency swap agreement with the Governor of the Qatar Central Bank. Vice President Xu Changneng attended the above meetings and interviews.