<p>According to reports, on October 16, 2025, Eastern Time, Pan Gongsheng, the Governor of the People's Bank of China, stated at the G20 Finance Ministers and Central Bank Governors Meeting that China supports and is firmly implementing various financial sector reforms after the crisis. The total loss-absorbing capacity of China's globally systemically important banks has fully met the standards. China is actively implementing the G20 Cross-Border Payment Roadmap, has extended system operating hours, adopted the ISO 20022 standard, and promoted open access</p>

YINN

<p>According to reporters, on October 16, 2025, Eastern Time, Pan Gongsheng, the Governor of the People's Bank of China, stated at the G20 Finance Ministers and Central Bank Governors Meeting that China supports and is firmly implementing various post-crisis financial sector reforms, and that the total loss-absorbing capacity of China's globally systemically important banks has fully met the standards. China is actively implementing the G20 Cross-Border Payment Roadmap, has extended system operating hours, adopted the ISO 20022 standard, and promoted open access</p>

Pan Gongsheng: The total loss-absorbing capacity of China's globally systemically important banks has fully met the standards