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المشهد العربي
PBOC Outlines AI Management Framework
The Governor of the People’s Bank of China, Pan Gongsheng, stated that the central bank is closely monitoring the economic impacts of artificial intelligence and is continuously assessing its effects on financial markets and monetary policy, in order to prepare for upcoming structural changes. He noted that although AI has influenced the composition of jobs, it has not caused a sharp decline in employment opportunities. However, it may stimulate investments and exert pressure on inflation in the near term, with expectations that it will later contribute to boosting productivity and reducing price growth. The bank is working on integrating AI tools to enhance monetary analyses, monitor risks, develop payment and credit reporting services, and strengthen oversight of anti-money laundering operations.
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