EU-China Financial Dialogue Advances in Brussels

The second meeting of the EU-China working group took place on May 13 and 14 in Brussels, marking a significant step forward in financial cooperation between the two economies. This follows their initial gathering in Beijing in March 2024.

Key Figures and Topics Discussed

Chaired by PBoC's Deputy Governor Xuan Changneng and the Directorate-General of the European Commission John Berrigan, the meeting saw in-depth discussions on macroeconomic stability, financial market issues, and the burgeoning field of sustainable finance. Cross-border data transfers and payments were also high on the agenda.

A Channel for Future Collaboration

Both parties acknowledged the working group's role as a vital conduit for policy dialogue, underscoring the importance of EU-China relations in navigating global economic uncertainties.