The first meeting of the China-UK Financial Working Group held in Beijing

Recently, the China-UK Financial Working Group held its first meeting in Beijing. The meeting was co-chaired by Pan Gongsheng, Governor of the People’s Bank of China, and Lucy Rigby, Economic Secretary of the UK Treasury. Senior representatives from the People’s Bank of China, the Ministry of Finance, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the State Administration of Foreign Exchange, as well as from the UK Treasury, the Bank of England, the Prudential Regulation Authority, and the Financial Conduct Authority attended the meeting. The China-UK Financial Working Group was established in May 2025 to provide an institutionalized platform for regular communication and coordination in the field of financial policy between the two countries, aiming to promote substantive cooperation outcomes. The convening of this first meeting is one of the recent significant achievements in high-level exchanges between China and the UK. The relevant information and results of the meeting will be reported to the lead parties of the China-UK Economic and Financial Dialogue. (People’s Bank of China)