Switzerland and China Commence Financial Dialogue

by swisscham in Bilateral Relations

On 3 and 4 December in Shanghai, the first financial dialogue took place between Switzerland and China. The objective of this regular dialogue is to foster and enhance cooperation between the two countries in the area of finance. The talks touched upon greater involvement of Switzerland in the international use of the renminbi. Topical issues such as regulation and supervision, financial service provision, and cooperation in international bodies were also addressed. The initiation of financial dialogue between Switzerland and China was agreed upon on 24 May 2013. In the dialogue, the delegations discussed the greater involvement of Switzerland in the international use of the renminbi as well as regulation and supervision, financial service provision, and cooperation in international bodies. The dialogue represents a sound foundation for a strengthened cooperation with China on financial issues. It will be continued next year in Switzerland.

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