China, Japan to enhance fiscal, monetary cooperation

Updated 2017-12-23 10:00:17 Xinhua

Senior finance officials from China and Japan agreed to step up cooperation in fiscal and monetary areas, according to the Ministry of Finance.

Vice finance minister of China Shi Yaobin and Japan's State Minister of Cabinet Office Takao Ochi met in Beijing on Friday in a bid to implement the consensus reached by finance ministers of both countries at the Sixth China-Japan Finance Dialogue in May.

China and Japan will share information in audit supervision based on principles such as reciprocity, according to documents exchanged at the meeting.

The move will help protect investors' interests in the capital markets of both countries and assist financial institutions of both sides in cross-border bond issuance, including Panda bonds and Samurai bonds.

At the Sixth China-Japan Finance Dialogue held in Yokohama, Xiao Jie, China's minister of finance, and Taro Aso, Japan's deputy prime minister and minister of finance, recognized the necessity of promoting economic restructuring through enhanced communication on macroeconomic policies and agreed to maintain consultations on major international economic and financial issues.

The two sides also emphasized the need to further deepen pragmatic cooperation in the financial field to support collaboration between the two countries in the economic, trade and investment fields.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58February 21 2018 21:23:12

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16February 21 2018 21:23:12

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18February 21 2018 21:23:12

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords