[Pan Gongsheng: Promote the implementation of interconnection between banks and exchange bond markets] On October 19, at the opening ceremony of the 2026 Financial Street Forum Annual Meeting, Pan Gongsheng, Governor of the People's Bank of China, said that the implementation of interconnection between banks and exchange bond markets will be promoted. The interconnection between financial market infrastructure can facilitate cross-market bond issuance and transactions, promote market liquidity and price formation, and better play the role of financial market value discovery and resource allocation. At present, interconnection has met the conditions for implementation, and the bond market infrastructure operating entities and market participants can be opened after testing.