According to Jin10, People's Bank of China Governor Pan Gongsheng attended and spoke at the 54th International Monetary and Financial Committee (IMFC) meeting, held by the International Monetary Fund in Bangkok, Thailand, on October 16-17, 2026. People's Bank of China Deputy Governor Xuan Changneng also attended. The meeting discussed global economic and financial conditions and the IMF's work. Participants said the global economy had performed better than expected despite geopolitical and other shocks, while rising trade tensions were adding uncertainty and the rapid development of artificial intelligence was increasing divergence risks. The global economy continued to face downside risks. Participants said countries should focus on macroeconomic and financial stability and use international cooperation to address shared challenges. The meeting called on participants to complete domestic approval procedures for the quota increase under the 16th General Review of Quotas as soon as possible, and to advance discussions on quota and governance reforms under the 17th review in line with the Dili Guiding Principles on Quota and Governance Reform.