Effective January 25, 2011, the People’s Bank of China (PBOC), the central bank of China, formally joined the South East Asian Central Banks (SEACEN) Group as its 17th member. The governor of PBOC, Zhou Xiaochuan, will be a member of the SEACEN Board of Governors. Zhou attended the 46th SEACEN Governors Conference and the 30th SEACEN Board of Governors Meeting in the Sri Lankan capital of Colombo from February 25 to 27, 2011.
SEACEN, established in 1966, “reviews and analyses financial, monetary, banking and economic developments in its constituent member countries and in the region as a whole. It initiates and facilitates co-operation in research and training relating to the policy and operational aspects of central banking.”
Source: Xinhua, February 28, 2011