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Finance ministry: China and Russia will make new discussions on the financing mechanism of One Belt And One Road

Zhou qiang wu, director of the international finance center of the ministry of finance. (photo source: China net)

The new government will hold a briefing today on the brics cooperation. The Treasury says Zhou Jiangwu, director of the international financial center in financial cooperation between China and Russia have some ready-made cooperation mechanism, is one of more effective mechanism between China and Russia's finance minister meeting on a regular basis. Held in Shanghai in June this year, the new finance minister dialogue between China and Russia, on the dialogue, for the two heads of state for the brics meeting in xiamen of some cooperation in the field of financial issues, made a very good bedding. In responding to the macroeconomic challenges the two countries, and promote structural reform between China and Russia in such aspects as bilateral and multilateral cooperation under has made a lot of consensus, including China welcomes and supports the Russian satellite in the Chinese market to issue renminbi sovereign bonds.

Zhou Jiangwu believes that the two sides will continue to strengthen macroeconomic policy coordination, also will promote the reform of global governance, oppose trade protectionism is more clear, clear sound, will also be in the "area" initiative, financing and interconnectivity construction, some new discussions, especially the "area" financing mechanism construction, after peak BBS in May, the two sides still will build long-term, stable, sustainable and controllable risk actively discussed diversified investment and financing system.

"For financial cooperation, both sides will have in-depth exchange of views on further, we are very clear, will support Russia in China include the issue renminbi sovereign bonds, at the same time, will be duly signed bilateral audit supervision cooperation agreement, so for Russia issue renminbi sovereign bonds in the territory of China laid a foundation. I think the cooperation between China and Russia in the field of financial and financial cooperation will surely play a positive role in the development of china-russia comprehensive strategic partnership of coordination. "Zhou qiang wu said.

2017-08-31 15:01:44 source: Chinese network

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