Hey there! Did you hear the news? China and the European Union just kicked off their first-ever financial working group meeting in Beijing! 🎉 This meeting, held on March 18 and 19, marks a significant step in strengthening economic ties between these two global giants.
Pan Gongsheng, the governor of the People's Bank of China (PBOC), and Jorge Toledo, the EU ambassador to China, led the talks alongside senior officials and representatives from both sides. They dove deep into discussions about macroeconomic stability, financial regulations, and more.
What's on the table? They explored ways to build up capital markets, promote sustainable finance, and tackle cross-border data transfers and payments. Basically, they're setting the groundwork for smoother and more efficient financial cooperation. 🌟
Both China and the EU are super excited about this new communication channel. They see it as a key platform to solve real-world problems and a forum to chat about big global economic and financial issues. 🌐💬
In case you're wondering, this financial working group was formed based on agreements from the 10th China-EU High-level Economic and Trade Dialogue. The goal? To boost exchanges and cooperation in finance between China and the EU. Sounds like a win-win! 🙌
Stay tuned for more updates as China and the EU pave the way for a brighter economic future together! 🚀
Reference(s):
cgtn.com
