China, Japan finance ministers agree on deepening cooperation at sixth dialogue

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

Xiao Jie, China's minister of finance, and Taro Aso, Japan's deputy prime minister and minister of finance, co-chaired the dialogue, with senior officials from finance ministries and central banks of both countries attending.

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

Both sides recognized the necessity of promoting economic restructuring through enhancing communication on macroeconomic policies and agreed to maintain consultation on major international economic and financial issues.

The two sides also emphasized the need to further deepen pragmatic cooperation in financial field to support the collaboration between the two countries in economic, trade and investment fields.

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 China-Japan Finance Dialogue in China next year.

Both sides agreed to launch a joint research on issues of mutual interests and report the outcomes to the dialogue.