[Pan Gongsheng: Promote RMB bonds to become qualified collateral widely recognized and used globally] On October 15, during the annual meetings of the International Monetary Fund and the World Bank, Pan Gongsheng, Governor of the People's Bank of China, attended an emerging markets seminar and delivered a keynote speech. Pan Gongsheng pointed out that the current global geopolitical risks are rising, the international economic and financial environment is undergoing profound changes, artificial intelligence is accelerating the development, and global investors’ investment demand for diversified diversified allocations and technological innovation continues to increase. China's economy continues to grow steadily and its high-tech industries develop rapidly, providing solid support for RMB assets. China's financial market is large in scale, with both its stock and bond markets ranking second in the world, and its liquidity is abundant, which can effectively meet the diversified allocation needs of global investors. Pan Gongsheng pointed out that in the next stage, the People's Bank of China will further support global investors and issuers to participate in China's financial market, promote RMB bonds to become qualified collateral widely recognized and used around the world, further enrich liquidity management and risk management tools, and continue to improve the convenience of investment and financing. At the same time, we will strengthen the connectivity of domestic and overseas financial infrastructure, support the development of the offshore RMB market, and continue to promote the high-level opening of China's financial market.