Pan Gongsheng, governor of the People’s Bank of China, said at the opening ceremony of the 2026 Financial Street Forum annual meeting that the rapid global development of artificial intelligence is having a profound impact on productivity, investment, employment, income distribution and financial stability. He said the central bank will closely track and assess the macroeconomic effects of AI development from the PBOC’s perspective. Pan also said the bank will support the development of the AI industry through financial measures and move ahead prudently with the application of artificial intelligence in the financial sector. The remarks were reported by ChainCatcher.
According to ChainCatcher, Pan Gongsheng, governor of the People’s Bank of China, said at the opening ceremony of the 2026 Financial Street Forum annual meeting that the rapid global development of artificial intelligence is having a profound impact on productivity, investment, employment, income distribution and financial stability.
Pan said that, from the central bank’s perspective, the PBOC will closely track and assess the macro impact of AI development, support the growth of the artificial intelligence industry through financial measures, and prudently advance the use of AI in the financial sector.
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