On November 16-17, 2020, Deputy Governor Chen Yulu of the People’s Bank of China attended the 25th Executives’ Meeting of East Asia-Pacific Central Banks (EMEAP) Governors’ Meeting （Part II） and the 9th Informal Meeting of EMEAP Governors and Heads of Supervisory Authorities (GHOS) held in the form of virtual conference. Attendees exchanged views on economic outlook and longer-term implications of COVID-19, central banks’ digitalisation journeys, banking sector issues on COVID-19, risks and outlook, and the role of banking sector for sustainable finance developments.