Text Version
RSS Feeds
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  -Text Version
  -RSS Feeds
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
Finance top on agenda
+ -
09:21, April 16, 2008

 Comment  Tell A Friend
 Print Format  Save Article
China and the United Kingdom are poised to strengthen cooperation in financial sectors, Vice-Premier Wang Qishan and the UK Chancellor of the Exchequer Alistair Darling said.

The UK welcomes the creation of the Chinese sovereign wealth fund and its potential for investing in Britain, Darling said yesterday at the conclusion of his meeting with Wang at the first China-UK Economic and Financial Dialogue in Beijing.

"Both countries recognize the importance of actually participating in the current discussions taking place in the international institutions on the issues between sovereign wealth funds and recipient countries to achieve better cooperation on a mutually open basis," he said.

Wang said China welcomes UK financial institutions' investments in the country, and in particular encourages them to "expand their businesses in central and western China, as well as in rural areas".

The two sides should also strengthen cooperation between financial regulatory institutions, given the current international situation triggered by the US subprime mortgage crises, he added.

The two sides have begun discussing "financing for sustainable development" as a potential theme of the next three-year program of the China-UK sustainable development dialogue.

Source: China Daily

  Your Message:   Most Commented:
Dalai's brag about "peace", "non-violence" is nothing but lie
"A slap in face" to Paris itself
Two-face baby worshipped as goddess
What is Nancy Pelosi really up to?
TYC, a terrorist organization much catastrophic than bin Laden's, say netizens

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved