High-quality development and the dynamic balance of China’s economy – Keynote speech by Pan Gongsheng, Governor of the People’s Bank of China, at the 2024 Financial Street Forum Annual MeetingHigh-quality development and the dynamic balance of China’s economy – Keynote speech by Pan Gongsheng, Governor of the People’s Bank of China, at the 2024 Financial Street Forum Annual Meeting

The keynote speech by Pan Gongsheng, Governor of the People's Bank of China, highlights the importance of high-quality development and dynamic balance in China's economy. The speech emphasizes the need to achieve macroeconomic stability, structural adjustments, and quality growth.

The speech also discusses the role of monetary policy in promoting high-quality development, with a focus on improving the framework of monetary policy, enhancing financial services for economic structure adjustment and dynamic balance, and strengthening macroprudential regulation and risk management. The Governor stressed that the People's Bank of China will continue to play a key role in supporting the country's economic growth and stability.

The speech also touched on the need for China to deepen its integration into the global economy, improve its financial openness, and enhance its capacity for international cooperation.