PR Newswire
09 Nov 2023, 19:18 GMT+10
BEIJING, Nov. 9, 2023 /PRNewswire/ -- Themed "Better China Better World -- Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits," the Annual Conference of Financial Street Forum 2023 opened on Wednesday in Beijing, capital of China.
Addressing the conference, Yin Li, secretary of the Communist Party of China Beijing Municipal Committee, said that China's financial market, with its large scale, full potential, rapid development and solid foundation of the real economy, has become a key force in maintaining global financial stability.
Pan Gongsheng, governor of the People's Bank of China (PBOC) as well as head of the State Administration of Foreign Exchange (SAFE), told the conference that China will practically promote international financial cooperation and actively participate in global economic and financial governance, underlining that the country will enhance internationalization of the Chinese currency through "prudent and solid steps."
The fundamentals of Chinese economy should remain sound in the long run, as new drivers continue to aggregate and high-quality economic and financial development shows growing momentum, said Li Yunze, head of the National Financial Regulatory Administration (NFRA), noting that the NFRA will firmly advance high-level opening-up of the financial sector to attract more foreign financial institutions and long-term capital to the Chinese market.
Yi Huiman, chairman of the China Securities Regulatory Commission (CSRC), said that the CSRC will stick to the fundamental purpose of serving the real economy, focusing on five major tasks of promoting science and technology finance, green finance, inclusive finance, pension finance and digital finance, as a bid to make better use of the capital market as a hub.
Openness and cooperation will go a long way toward promoting growing, secured and sustainable economic prosperity, under the multiple challenges faced by global economy, said Agustin Carstens, General Manager of the Bank for International Settlements through video link during the conference.
Jointly hosted by the People's Government of Beijing Municipality, the PBOC, the NFRA, the CSRC, Xinhua News Agency and the SAFE, this year's conference includes a total of 42 activities, welcoming over 400 heavyweight guests from more than 30 countries and regions to share views upon overcoming global economic challenges through financial cooperation.
See the original link: https://en.imsilkroad.com/p/337060.html
Get a daily dose of Vietnam Tribune news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Vietnam Tribune.
More InformationKATHMANDU, Nepal - On November 23, Kathmandu hosted the first Nepal-Australia Joint Advisory Committee (JAC) meeting under a new Memorandum ...
ISLAMABAD, Pakistan - A senior Biden Administration official dealing with refugee issues will begin a four-day visit to Islamabad on ...
PABNA, Bangladesh - According to police, the person responsible for the train arson at Ishwardi railway station on November 27 ...
ABU DHABI, UAE - Nepal, according to Prime Minister Pushpa Kamal Dahal 'Prachanda,' requires a significant investment in infrastructure, human ...
KUALA LUMPUR, Malaysia - According to Malaysia's foreign ministry, 121 people, mostly Malaysians suspected of being victims of job scams, ...
QUETTA, Pakistan - Asif Ali Zardari, Co-Chairman of the Pakistan Peoples Party (PPP), stated on Thursday that 'some forces' impede ...
RALEIGH, North Carolina: After a decade of discussions and hesitations, North Carolina has expanded Medicaid coverage by offering government-funded health ...
The U.S. has supplied Israel with scores of BLU-109 bunker-buster bombs since October 7, the Wall Street Journal has reported, ...
WASHINGTON D.C.: This week, the Biden administration announced a proposal by the Environmental Protection Agency (EPA) that would require U.S. ...
TOKYO, Japan: Japan's space agency recently fell victim to a cyberattack, but reassuringly, the compromised information did not pertain to ...
MOUNT PLEASANT, Michigan: This week, a judge sentenced a Michigan man who kept his dead wife's body in a freezer ...
ATLANTA, Georgia: After two consecutive years of declines mainly caused by the COVID-19 pandemic, babies born in the U.S. in ...