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The joint working group of the central bank and the Ministry of Finance held its first official meeting

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2024-10-09 13:31:07
On October 9th, the People's Bank of China and the Ministry of Finance established a joint working group and held its first official meeting recently. Xuan Changneng, a member of the Party Committee and Vice Governor of the People's Bank of China, and Liao Min, a member of the Party Group and Vice Minister of the Ministry of Finance, attended the meeting and delivered speeches. The meeting fully affirmed the close cooperation between the two sides in the purchase and sale of central bank government bonds in the early stage, established the working group operation mechanism, and exchanged views on issues such as the operation of the bond market. The two sides agreed that the purchase and sale of central bank government bonds is an important means to enrich the monetary policy toolbox and strengthen liquidity management. The next step is to coordinate development and security, continue to strengthen policy coordination, continuously optimize relevant institutional arrangements, maintain the stable development of the bond market in the norms, and provide a suitable market