Published on: 2026-06-09
Source: People’s Republic of China in Russian –
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Beijing, June 9 /Xinhua/ — China expects to strengthen communication and coordination in the field of macroeconomic policy together with Brazil, deepen practical financial cooperation, and enhance coordination and interaction within the framework of multilateral mechanisms. This was stated by Chinese Deputy Finance Minister Liao Min.
Speaking at a meeting of the financial subcommittee of the China-Brazil High-Level Coordination and Cooperation Committee, held on Tuesday in Beijing, Liao Min noted that in recent years bilateral practical cooperation in various fields has been continuously deepening. He called for strengthening communication and coordination in the field of macroeconomic policy and jointly responding to global challenges.
The Deputy Minister of Finance of Brazil, M. Alencastro, on his part stated that his country pays increased attention to cooperation with China and noted the positive dynamics of bilateral cooperation.
According to M. Alencastre, the Brazilian side is ready to deepen mutual trust, achieve mutually beneficial results, expand bilateral cooperation in such areas as sustainable agriculture and green transformation, and elevate financial interaction to a new level.
During the meeting, the parties conducted an in-depth exchange of views on such topics as the macroeconomic situation in China, Brazil, and the world as a whole, cooperation in the banking and insurance sectors, capital markets, trade and agricultural financing, sustainable investment and financing, and multilateral financial cooperation.
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