China, US join hands to ensure financial stability
4 months ago

China, US join hands to ensure financial stability

China Daily  

The China-US Financial Working Group held its fifth meeting from Thursday to Friday in Shanghai. The world's two biggest economies have agreed to further strengthen cooperation to maintain financial stability amid intensified fluctuations in the global financial markets. The China-US Financial Working Group held its fifth meeting from Thursday to Friday in Shanghai, co-chaired by Xuan Changneng, deputy governor of the People's Bank of China, and Brent Neiman, assistant secretary of the US Department of the Treasury, the PBOC said on Monday. During the meeting, the PBOC and the US Treasury signed documents on strengthening China-US cooperation on financial stability under the framework of the working group — established in September to hold regular and ad-hoc meetings to strengthen communication on financial topics. China and US financial officials also made a "professional, pragmatic, candid and constructive" discussion on financial policy topics, the PBOC said, including China's agenda on further comprehensively deepening reform, decided at the third plenary session of the 20th Central Committee of the Communist Party of China.

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Associated Press  

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