Finance officials call for stronger ties

YOKOHAMA, Japan — The finance ministers of China and Japan exchanged views on deepening cooperation at the Sixth China-Japan Finance Dialogue here this weekend.

Xiao Jie, the minister of finance, and Taro Aso, Japan’s deputy prime minister and minister of finance, cochaired the dialogue on Saturday, with senior officials from finance ministries and central banks of both countries attending.

The two finance ministers agreed that the dialogue is significant to both sides, as it contributes to a deepening exchange of macroeconomic issues and policy measures and helps strengthen financial cooperation between the two countries.

Both sides recognized the need to promote economic restructuring through enhanced communication on macroeconomic policies and agreed to maintain consultations on major international economic and financial issues.

They also emphasized the need to further deepen forward-looking cooperation in the financial field to support collaboration between the two countries in economics, trade and investments.

Both sides welcomed the successful close of the ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting and the China-Japan-South Korea Trilateral Finance Ministers’ and Central Bank Governors’ Meeting, which were held just before the dialogue.

The two ministers also agreed to hold the seventh such dialogue in China next year.

They also agreed to launch joint research on issues of mutual interest and report the outcomes in the next dialogue.

MA PING / XINHUA Finance Minister Xiao Jie (right) shakes hands with his Japanese counterpart, Taro Aso, during the Sixth China-Japan Finance Dialogue in Yokohama, Japan, on Saturday.