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China, EU call for more exchanges in financial sector

Friday, 6 July 2007


BRUSSELS, July 5 (CEIS): China and the European Union (EU) yesterday held the third China-EU financial dialogue here, aiming at beefing up exchanges in financial policies.
At the one-day meeting, the two sides discussed various topics of mutual concern, such as the macro-economic situation and policies, reforms to financial sectors, guidelines on accounting and governmental purchases.
The two delegations, led by Chinese Vice Minister of Finance Zhu Zhigang and EU Commissioner for Economic and Monetary Affairs Joaquin Almunia, signed a joint statement after their talks.
In the document, the two sides agreed that despite high oil prices, the world economy maintains robust growth thanks to healthy financial market conditions and booming global trade.