The Ministry of Finance and the People's Bank of China jointly held the second team leader meeting.

date
05/09/2025
Recently, the Ministry of Finance and the People's Bank of China held the second leader meeting of the joint working group. Liao Min, member of the Party Group of the Ministry of Finance and Deputy Minister, and Zou Lan, member of the Party Committee of the People's Bank of China and Deputy Governor, attended the meeting and delivered speeches. The meeting fully affirmed the results achieved by the coordination between the two departments since the establishment of the joint working group last year, and conducted in-depth discussions on topics such as the operation of the financial market, the management of government bond issuance, the central bank's buy-sell operations of government bonds, and the improvement of the offshore RMB sovereign bond issuance mechanism. Both parties unanimously agreed that the coordinated efforts of fiscal policy and monetary policy provide strong guarantees for coping with the current complex and changing market environment and promoting sustained economic recovery and improvement. Next, it is necessary to continue to actively play the role of the joint working group mechanism of the two departments, deepen cooperation, strengthen coordination, and continuously promote the stable and healthy development of China's bond market, jointly ensure that fiscal policy and monetary policy are better implemented and effective. Relevant leaders from the Ministry of Finance and the People's Bank of China attended the meeting.