On the occasion of her visit to Beijing, Christine Lagarde, president of the European Central Bank (ECB), and Pan Gongsheng, governor of the People’s Bank of China, have signed a Memorandum of Understanding (MoU) on cooperation in the field of central banking.
This MoU, which updates the previous MoU of 2008, includes a framework for the regular exchange of information, dialogue and technical cooperation between the two institutions.
“It is important that we sustain global cooperation, and I am pleased to sign this MoU together with Governor Pan as a sign of our continued dialogue with the People’s Bank of China,” Lagarde said.