Our Privacy Statement & Cookie Policy

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.

I agree

China to contribute more to help achieve global financial stability

CGTN

Chinese vice president Han Zheng (R) shakes hands with Agustin Carstens, general manager of the Bank for International Settlements (BIS), in Beijing, China, May 23, 2024. /Xinhua
Chinese vice president Han Zheng (R) shakes hands with Agustin Carstens, general manager of the Bank for International Settlements (BIS), in Beijing, China, May 23, 2024. /Xinhua

Chinese vice president Han Zheng (R) shakes hands with Agustin Carstens, general manager of the Bank for International Settlements (BIS), in Beijing, China, May 23, 2024. /Xinhua

Chinese vice president Han Zheng said on Thursday that the country will contribute more to help achieve global economic and financial stability.

During a meeting with Agustin Carstens, general manager of the Bank for International Settlements (BIS), in Beijing, Han said the BIS is an important platform for China to participate in international monetary and financial policy coordination.

China is ready to deepen exchanges and cooperation with the BIS, get deeply involved in global economic and financial governance, and make a greater contribution to jointly coping with global economic challenges and maintaining global financial stability, he said.

For his part, Carstens spoke highly of the development achievements of China's economy and its financial market. He expressed optimism about the country's economic development potential and opportunities.

He said the BIS supports the internationalization of the Chinese currency and is willing to further strengthen exchanges and cooperation with the Chinese financial industry to play a positive role in maintaining global economic and financial stability.

(With input from Xinhua)

Search Trends