Group 1: Global Financial Governance - The core message emphasizes the need for dialogue and cooperation among all parties to improve global financial governance, advocating for reform, openness, and multilateralism [1] - The discussion on the international monetary system has evolved, with current debates focusing on reducing reliance on a single sovereign currency and exploring the role of a supranational currency like the IMF's Special Drawing Rights (SDR) [2][3] Group 2: Cross-Border Payment Systems - There is a growing demand for improvements in the traditional cross-border payment systems, with emerging payment infrastructures and settlement methods driving the evolution towards more efficient, secure, and inclusive systems [3] - Three major trends in cross-border payments are identified: diversification of payment systems, enhanced interoperability, and accelerated application of new technologies [3] Group 3: Global Financial Stability - Post-2008 financial crisis, the global financial safety net has been strengthened, with the IMF enhancing its crisis response capabilities and various regional financial stability mechanisms being established [4] - China has signed bilateral currency swap agreements with over 30 countries, contributing to the global financial safety net [4] Group 4: Challenges in Financial Stability - The current regulatory framework is fragmented, with risks of regulatory arbitrage and insufficient oversight in emerging areas like digital finance [5] Group 5: Governance of International Financial Organizations - The governance of international financial organizations like the IMF and World Bank needs reform to better reflect the actual economic standing of emerging markets and developing countries [6][7] - The IMF's quota system, which determines its crisis response capacity and member voting rights, requires adjustments to enhance its legitimacy and representation [7]
潘功胜:完善全球金融治理 需要各方加强对话与合作
Jin Rong Shi Bao·2025-08-08 07:57