---
title: "Pan Gongsheng: The International Monetary Fund should continue to promote quota reform and achieve adjustments in quota shares as soon as possible"
description: "The Governor of the People's Bank of China, Pan Gongsheng, emphasized at the International Monetary and Financial Committee meeting that the International Monetary Fund should oppose protectionism and"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261707764.md"
published_at: "2025-10-18T07:24:36.000Z"
---

# Pan Gongsheng: The International Monetary Fund should continue to promote quota reform and achieve adjustments in quota shares as soon as possible

> The Governor of the People's Bank of China, Pan Gongsheng, emphasized at the International Monetary and Financial Committee meeting that the International Monetary Fund should oppose protectionism and promote quota reforms to enhance its legitimacy and effectiveness. He pointed out that the current global multilateral trading system is facing challenges, and the Fund needs to strengthen policy guidance and macroeconomic coordination to maintain international financial stability, particularly by increasing the representation of emerging markets and developing countries

On October 17, 2025, Eastern Time, Pan Gongsheng, Governor of the People's Bank of China, stated at the 52nd International Monetary and Financial Committee series of meetings that the current global multilateral trading system is facing unprecedented challenges. The International Monetary Fund, as the world's most important multilateral financial institution, should clearly oppose protectionism, advocate for dialogue and cooperation, and defend multilateralism. The Fund should objectively assess the major risks faced by the global economy and individual countries, and timely propose more targeted policy recommendations to help member countries better cope with various shocks. At the same time, it should strengthen policy guidance for countries, effectively enhance macroeconomic policy coordination, and maintain the stability of the international financial system. The trade tensions are impacting global financial stability, and there is an urgent need to strengthen the global financial safety net. As the core of the global financial safety net, the Fund's continued promotion of quota reform is crucial for enhancing its legitimacy, effectiveness, and representation. The adjustment of quota shares should be realized as soon as possible to reflect the relative positions of member countries in the global economy and increase the representation of emerging markets and developing countries

### Related Stocks

- [YINN.US - Direxion FTSE China Bull 3X](https://longbridge.com/en/quote/YINN.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Alibaba unveils Qwen3.5 as China’s chatbot race shifts to AI agents | Alibaba Group has launched its latest AI model, Qwen3.5, featuring advanced agentic capabilities amid rising competition | [Link](https://longbridge.com/en/news/276091034.md) |
| US expected to add Alibaba and other to list of firms allegedly aiding China's military, sources say | The Trump administration is set to add Alibaba and other companies to a list of firms allegedly supporting China's milit | [Link](https://longbridge.com/en/news/275904637.md) |
| IMF on Pakistan: Assessing whether Pakistan tariff revisions consistent with EFF, impact on macro stability, inflation | IMF on Pakistan: Assessing whether Pakistan tariff revisions consistent with EFF, impact on macro stability, inflation | [Link](https://longbridge.com/en/news/275941968.md) |
| A Look At Crown Castle (CCI) Valuation After Earnings Beat And US$8.5b Fiber Asset Sale | Crown Castle (CCI) reported better-than-expected Q4 earnings and announced an $8.5 billion asset sale aimed at debt redu | [Link](https://longbridge.com/en/news/276025408.md) |
| Asia’s future will be won by soft power, not force | The article discusses the evolution of power in Asia, emphasizing that while military strength has historically defined  | [Link](https://longbridge.com/en/news/276081739.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.