The People's Bank of China website released a message on a certain date stating that the sixth meeting of the China-US Financial Working Group was held in Washington, D.C., during the International Monetary Fund and World Bank Annual Meetings in October 2023. The meeting was co-chaired by Mr. Xuan Changneng, Deputy Governor of the People's Bank of China, and Mr. Nellie Liang, Assistant Secretary for Financial Markets at the US Department of the Treasury.

The National Financial Regulatory Administration, China Securities Regulatory Commission, State Administration of Foreign Exchange, Federal Reserve, U.S. Securities and Exchange Commission, Federal Deposit Insurance Corporation, and other departments participated in the meeting. Both sides engaged in professional, pragmatic, candid, and constructive communication on topics such as the macroeconomic and financial situations, monetary and financial policies, financial stability and regulation, capital markets, anti-money laundering, anti-terrorism financing, and other financial policy issues of mutual concern.

China introduced a package of policies by financial regulators to support economic stability and growth, including two tools by the People's Bank of China to support the stable development of the capital market: the swap facility for securities, fund, and insurance companies, and the stock buyback and增持再贷款 (re-lending for stock buybacks and增持). China also expressed concerns to the U.S. regarding related issues.

The meeting heard reports from both technical expert groups on topics such as the compilation of balance of payments, crisis communication for global systemically important banks (-), and risks related to climate and the insurance industry. Discussions were also held on how both sides can enhance cooperation in cross-border financial services regulation.

US Treasury Secretary Janet Yellen met with the Chinese delegation from the China-US Financial Working Group.