iChongqing Title

China-U.S. Financial Working Group Holds Sixth Meeting

By Xinhua|Nov 01,2024

Beijing - The China-U.S. financial working group has held its sixth meeting in the U.S. capital of Washington, D.C., China's central bank announced Thursday.

Xuan Changneng, deputy governor of the People's Bank of China (PBOC), and Brent Neiman, deputy under secretary for international finance at the U.S Department of the Treasury, co-chaired the meeting.

According to a PBOC statement, the two sides had "professional, pragmatic, candid and constructive communication" on a range of financial policy topics of mutual interest, including the macroeconomic and financial situations of the two countries, monetary and financial policies, financial stability and regulation, capital markets, anti-money laundering and combating the financing of terrorism.

The Chinese side briefed the U.S. side on a package of measures rolled out by Chinese financial regulators to support stable economic growth. Meanwhile, the Chinese delegation expressed concerns to the U.S. side regarding certain issues.

At the meeting, the participants heard reports from Chinese and U.S. experts on the compilation of balance of payments, crisis communication for global systemically important banks (G-SIBs), climate and insurance industry risks.

The two sides exchanged views on how to enhance cooperation on the supervision of cross-border financial services, the PBOC statement read.

U.S. Treasury Secretary Janet Yellen also met with the Chinese delegation.

MUST READ

New Era, New Journey, New Chongqing

Internet illegal and undesirable information can be reported by calling this telephone number:+86-23-67158993

渝ICP备20009753号-2 互联网新闻信息服务许可证号:50120220004

I Agree
Our Privacy Statement & Cookie Policy

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.

For any inquiries, please email service@ichongqing.info

About UsContact Us

Leaving a message
Back