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ECB and People’s Bank of China sign Memorandum of Understanding on cooperation

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11 June 2025- 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,” ECB President Christine Lagarde said.

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