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The Ministry of Finance and the People's Bank of China Joint Working Group held the second group leader meeting.
[The Ministry of Finance and the People's Bank of China Joint Working Group held the second group leader meeting] Recently, the Ministry of Finance and the People's Bank of China Joint Working Group held the second group leader meeting. Liao Min, a member of the Party Leadership Group and Vice Minister of the Ministry of Finance, and Zou Lan, a member of the Party Committee and Vice Governor of the People's Bank of China, attended the meeting and delivered speeches. The meeting fully affirmed the achievements made by the Ministry and the Bank in coordinating their efforts since the establishment of the joint working group last year, and conducted in-depth discussions on topics such as the operation of the financial market, government bond issuance management, Central Bank's treasury bond trading operations, and improving the offshore RMB treasury bond issuance mechanism. Both parties agreed that the collaboration between fiscal policy and monetary policy has provided strong support for responding to the current complex and changing market environment and promoting sustained economic recovery. In the next step, the joint working group mechanism of the Ministry and the Bank should continue to play an active role, deepen cooperation, enhance coordination, and continuously promote the stable and healthy development of China's bond market, jointly ensuring that fiscal policy and monetary policy are better implemented and effective. Relevant officials from the departments of the Ministry of Finance and the People's Bank of China attended the meeting.