On Oct 16, 2026 in Bangkok, PBOC's Pan met IMF managing director Kristalina Georgieva during the IMF/World Bank annual meetings to exchange views on China’s and the global economic outlook and on China‑IMF cooperation. PBOC deputy governor Xuan Changneng attended.

Following joint guiding opinions issued in July by the State Administration for Market Regulation, the Ministry of Public Security, MOFCOM and the State Taxation Administration, the agencies will normalize comprehensive enforcement against fuel-dispenser tampering. The State Administration for Market Regulation will tighten production-end oversight, hold dispenser manufacturers and petrol-station operators accountable, and require strict compliance with meter type-approval and anti-tamper rules. Agencies will coordinate to explore software and hardware upgrade mechanisms for dispensers and accelerate iteration of anti-tamper technical standards. Authorities will target black- and grey-market chains that knowingly modify devices or crack software, severing networks across production, sales and use, raising penalties and strengthening full-chain defenses to raise the cost of fraud and reduce cheating incentives.

RBNZ chief economist said there is reasonable confidence that inf has not become broad-based.