INSUBCONTINENT EXCLUSIVE:
Chinese Vice Minister of Finance Liao Min co-chaired the 16th China-EU Financial Dialogue with EU authorities in Brussels on Monday
The two sides had thorough conversations on issues consisting of the macroeconomic scenario and policies of China and the EU, cooperation
under the G20 framework, as well as partnerships on audit supervision and government procurement.China wants to deal with the EU to actively
execute the essential agreement reached by the leaders of the 2 economies, collectively support multilateralism and the multilateral trading
system and oppose unilateralism and protectionism, intending to offer greater certainty to an uncertain worldwide economy, said
Liao.Emphasizing that China attaches terrific value to its financial and economic cooperation with the EU, he said China will strengthen
bilateral collaboration with the EU under structures such as the G20 and multilateral development banks.He stated China will likewise deepen
useful cooperation with the EU in monetary locations such as audit guidance and federal government procurement to support both sides in
attaining their particular development goals.In a spirit of shared regard and win-win cooperation, China is prepared to appropriately handle
frictions and distinctions through discussion and consultations with the EU, so as to promote the noise and steady development of China-EU
financial relations, he said.EU officials stated China and the EU &-- as two major economies &-- must strengthen macroeconomic policy
coordination and interact to attend to global obstacles such as climate change and financial obligation concerns in developing countries.The
EU wants to boost discussion and consultations with China, engage in equivalent and equally beneficial cooperation, and promote the stable
and well balanced development of China-EU economic relations to attain win-win outcomes, they stated.
