China’s Vice President Han Zheng affirmed on Thursday the nation’s commitment to enhancing global economic and financial stability. During a meeting in Beijing with Agustin Carstens, General Manager of the Bank for International Settlements (BIS), Han emphasized China’s readiness to deepen cooperation with the BIS.
Han highlighted the BIS as a pivotal platform for China to engage in international monetary and financial policy coordination. He stated, “China is prepared to get deeply involved in global economic and financial governance, making greater contributions to jointly address economic challenges and maintain financial stability worldwide.”
Carstens commended China’s economic achievements and its burgeoning financial market. Expressing optimism about China’s development potential and opportunities, he noted the BIS’s support for the internationalization of the Chinese currency. Carstens added that the BIS is willing to strengthen collaboration with China’s financial sector to play a positive role in maintaining global economic and financial stability.
Reference(s):
China to contribute more to help achieve global financial stability
cgtn.com
