Pan and Pick discuss China's financial opening
People's Bank of China Governor Pan Gongsheng met with Morgan Stanley Chairman and CEO Ted Pick. Their discussions covered economic and financial developments and the opening of China's financial sector.
Financial opening on the agenda
Pan Gongsheng, Governor of the People's Bank of China (PBOC), met with Ted Pick, Chairman and CEO of Morgan Stanley, on November 4. The PBOC described their discussion as an in-depth exchange of views.
The subjects included economic and financial developments both in China and globally, alongside the opening of China's financial sector.
The account identifies these broad areas of discussion but does not describe either participant's views on individual issues.
It reports an exchange between the central bank governor and the Morgan Stanley chairman and CEO, rather than an agreement, a regulatory decision or a change to financial-sector access.
Few specifics beyond the meeting
The notice gives no timetable or specific measures for financial opening and names no market segment targeted for changes.
It also provides no economic figures, forecasts or direct quotations from Pan or Pick.
The publication metadata dates the notice to November 5, 2026.
A separate page footer displays November 29, 2018, as the last-update date; that footer is distinct from the meeting date reported in the text and the supplied publication date.
Dialogue rather than commitments
Financial-sector opening was a subject of discussion, not an announced policy change.
The notice records engagement between Pan and Pick but supplies no commitments.
It leaves the substance of their respective positions undisclosed.