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Foreign bankers upbeat on China's finance market despite challenges

Updated:2022-11-24 16:01:40

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The Annual Conference of Financial Street Forum 2022 concluded in Beijing on Wednesday.

The three-day event with the theme "Forge Ahead Toward a Shared Future: Economic Development and Financial Cooperation Amid Changes" featured topics including high-quality development, empowering the real economy, serving rural revitalization, high-level opening-up and fintech innovation.

Yi Gang, governor of the People's Bank of China (PBOC), the country's central bank, said at the forum that as the Chinese economy is faced with challenges and downward pressure this year, China's monetary policy has provided significant support to the real economy and has proved to be well-calibrated.

Many foreign business leaders in the financial sector have also voiced confidence in the Chinese market.