The Third China-Switzerland Ministerial-Level Financial Meeting was held in Bern, Switzerland, on November 7th, 2025. 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.
Representatives from 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 attended the meeting. In-depth exchanges were held on topics including the economic and financial landscape, global financial governance, bilateral financial regulatory cooperation, local currency cooperation, financial market connectivity, digital innovation and sustainable finance. The Chinese side also briefed the Swiss counterparts on the spirit of the Fourth Plenary Session of the 20th CPC Central Committee and the main content of the “15th Five-Year Plan” Proposal.
A dialogue with the financial industry was also held during the meeting, joined by representatives of financial institutions from both countries. Financial authorities from both sides carefully listened to opinions and recommendations put forward by participating financial institutions, and engaged in in-depth discussions on specific issues such as financial sector opening up, market access, and financial market cooperation.
Both sides reaffirmed their commitment to advancing cooperation in key areas in the principles of pragmatism and efficiency. They recognized the important role of the China-Switzerland Ministerial-Level Financial Meeting for facilitating policy communication between financial authorities and deepening practical cooperation between financial institutions of the two countries, which will in turn contribute to the strength of 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 Concerning Cooperation in the Exchange of Financial Intelligence Related to Money Laundering, Associated Predicate Offences and Terrorism Financing.
