China and Switzerland Hold High-Level Financial Meeting in Bern
The Third China-Switzerland Ministerial-Level Financial Meeting was held on November 7, 2025, in Bern, Switzerland. The meeting was co-chaired by Xuan Changneng, Deputy Governor of the People’s Bank of China, and Daniela Stoffel, State Secretary for International Finance at the Swiss Federal Department of Finance. Senior representatives from major financial authorities of both countries attended, including the People’s Bank of China, the National Financial Regulatory Administration, the China Securities Regulatory Commission, the State Administration of Foreign Exchange, the Swiss Federal Department of Finance, the Swiss National Bank and the Swiss Financial Market Supervisory Authority.
During the meeting, both sides held detailed discussions on a wide range of issues. These included the current global and domestic economic situation, challenges facing the financial sector, international financial governance, cooperation in financial regulation, the use of local currencies, financial market connectivity, digital financial innovation and the future of sustainable finance. The Chinese delegation also shared the key messages from the Fourth Plenary Session of the 20th CPC Central Committee and explained the main goals outlined in China’s upcoming 15th Five-Year Plan.
A special dialogue with financial institutions from both countries was also organised as part of the event. Representatives from banks and other financial companies presented their suggestions on improving market access, opening up the financial sector and expanding financial cooperation. Officials from both China and Switzerland listened carefully to these recommendations and discussed practical steps to strengthen collaboration.
Both sides reaffirmed their commitment to deepening cooperation in important financial areas. They agreed that the Ministerial-Level Financial Meeting has become an important platform for improving communication between financial regulators and supporting real cooperation between financial institutions. They said this will further strengthen the China-Switzerland Innovative Strategic Partnership.
During the meeting, the China Anti-Money Laundering Monitoring and Analysis Center and the Money Laundering Reporting Office Switzerland signed a Memorandum of Understanding. This agreement will improve cooperation in sharing financial intelligence related to money laundering, linked criminal activities and the financing of terrorism. The MoU is expected to enhance joint efforts of both countries in preventing financial crimes.
