Staff Reporter / New Delhi
The 9th India-China Financial Dialogue was held in New Delhi Yesterday. A high-level Chinese delegation led by Ms. Zou Jiayi, Vice Minister, Ministry of Finance, China interacted with the Indian delegation led by Atanu Chakraborty, Secretary, Department of Economic Affairs on wide-ranging issues of mutual interest.
The India-China Financial Dialogue is a mechanism between the two countries with an aim to promote cooperation in the financial sector.
During this dialogue, both sides had an in-depth exchange of views on macroeconomic situation and policy, cooperation in a multilateral framework, bilateral investment and financial cooperation.
The two sides also committed to promoting a favourable environment to enable continuous growth of bilateral trade and investment, strengthen efforts to promote more balanced and healthier development of trade and economic cooperation.
A Joint Statement was issued at the conclusion of the Financial Dialogue reflecting the mutual understanding and shared the vision of both the countries to further strengthen cooperation in the financial sector. The next round is to be held in China.
Finance Ministry said, India and China bilateral relationship has entered into a new era after the historic informal summit between Prime Minister of India and China’s President held in Wuhan in April last year.