[Yi Gang, Governor of the people's Bank of China: China supports multilateral efforts to solve the debt problem is willing to work with all parties to implement the G20 Common Framework for debt disposal] the 47th session of the International Monetary and Financial Committee (IMFC) was held in Washington on April 13, 2023. The meeting mainly discussed the global policy agenda and other issues. Yi Gang, governor of the people's Bank of China, and Xuan Changneng, deputy governor of the people's Bank of China attended the meeting. Yi Gang introduced China's economic and financial situation, saying that China's economic operation continues to pick up, consumption picks up rapidly, the service industry recovers obviously, and the price level remains stable. China's overall financial operation is sound, the risks are generally controllable, the overall operation of banking financial institutions is good, and important progress has been made in the reform of small and medium-sized financial institutions with a small number of problems. Yi Gang said that China supports multilateral efforts to solve the debt problem. China has earnestly implemented the G20 debt relief initiative in a responsible manner, and 45% of the debt relief has been provided. In solving the sovereign debt problem, all parties should adhere to the principle of "joint action and fair burden". Multilateral development banks should make their due contribution to debt disposal and private sector creditors should participate in restructuring in a comparable manner. China is willing to work with all parties to implement the G20 common framework for debt disposal.