As the Sino -US trade tensions intensified, senior economic officials of the two countries met for the third time this year and signed documents on strengthening the stable cooperation between China and the United States.The analysis believes that the United States may communicate with China in September to maintain the stability of the global financial market.

The fifth meeting of the China -US Financial Working Group was held in Shanghai last Thursday to Friday (August 15th to 16th).) Co -hosting is the second time the meeting was held in China.The State Administration of Finance and Administration of China, the China Securities Regulatory Commission, and the Federal Reserve, the Federal Reserve, and the US Securities and Exchange Commission attended the meeting.

According to a statement issued by the People's Bank of China on Monday (August 19), the two parties conducted issues on monetary policy, financial stability and supervision, securities and capital markets, cross -border payment and data.Constructive "communication.This part of the issue is basically the same as the previous meeting.

Differently, during this meeting, China and the United States also first signed a replacement of Sino -US financial cooperation and exchange for financial stable liaison lists.According to a statement, this move is to maintain the "timely and unblocked connection channels to reduce uncertainty" when the financial pressure incident and financial institutions operate risks.

After the US Treasury Minister Yellen visited China in July last year, the two sides established the Sino -US Finance and Economic Working Group in September last year.The meeting was the first time that the two countries met after the Third Plenary Session of the 20th Central Committee of the Communist Party of China.

The decision to mention the financial sector in the Third Plenary Session last month will be mentioned in the financial sector, and will enhance the internal stability of the capital market as one of the focus of reform.According to the interpretation of the new media of CCTV, "Yu Yuantan Tian", passed are one of the parts of this meeting.

Before the US delegation set off in Shanghai, according to a spokesman for the US Treasury, this meeting focused on discussing issues such as macroeconomics, financial stability, and the governance of the International Monetary Fund (IMF) governance, as well asImprove specific measures for communication.

Fu Fangjian, an associate professor of Li Guangqian Business School of Singapore Management University, accepted an analysis of the joint morning newspaper. On the one hand, the Sino -US Financial Working Group Meeting continued to communicate in the financial field after confirming the recovery dialogue last year.

On the other hand, the market is generally expected to cut interest rates in September.Fu Fangjian believes that interest rate cuts will bring some uncertainty to the global financial market. The United States may also hope that China will "make some cooperation" to maintain the global market stability.

Fu Fangjian pointed out that the list of stable contacts in Sino -US exchange financial stable liaison is at the level of the specific hand -to -person person to find the corresponding person in time to make timely communication.

According to the statement of the People's Bank of China, China and the United States also held the first financial institution round table under the work group framework. The financial institutions of the two countries' participants can also share their experience and practices for sustainable finance.