From November 8 to 9, 2026, local time, Chinese Vice Premier He Lifeng, Canadian Finance Minister Shang Pengfei, and Minister of International Trade Sidu co-hosted the second Sino-Canadian Economic and Financial Strategy Dialogue in Vancouver, Canada. The dialogue implemented the consensus reached by the leaders of the two countries in January 2026 and achieved a series of mutually beneficial and win-win results. It will strengthen bilateral economic and financial cooperation and promote the establishment of a new strategic partnership between China and Canada. The two sides exchanged views on global economic prospects and macroeconomic situations and policies of the two countries, and agreed to strengthen cooperation under multilateral mechanisms such as the G20 and APEC, and international financial institutions such as multilateral development banks to improve global economic governance. Both sides reaffirmed their commitment to multilateralism and support the creation of a transparent and predictable trade and investment environment. The two sides agreed to deepen financial sector cooperation, such as market access for the financial services industry, and promote exchanges between capital markets and financial regulators. The financial departments, financial supervisory authorities, and central banks of the two countries have each signed a memorandum of understanding on Sino-Canadian financial cooperation, a cooperation agreement on financial supervision dialogue, and financial working group work procedures. The two sides welcome the implementation of bilateral local currency exchange arrangements. Both sides welcome the recent positive developments in the Sino-Canadian economic and trade negotiations. The two sides look forward to the next dialogue in China.
Zhitongcaijing · 2d ago
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From November 8 to 9, 2026, local time, Chinese Vice Premier He Lifeng, Canadian Finance Minister Shang Pengfei, and Minister of International Trade Sidu co-hosted the second Sino-Canadian Economic and Financial Strategy Dialogue in Vancouver, Canada. The dialogue implemented the consensus reached by the leaders of the two countries in January 2026 and achieved a series of mutually beneficial and win-win results. It will strengthen bilateral economic and financial cooperation and promote the establishment of a new strategic partnership between China and Canada. The two sides exchanged views on global economic prospects and macroeconomic situations and policies of the two countries, and agreed to strengthen cooperation under multilateral mechanisms such as the G20 and APEC, and international financial institutions such as multilateral development banks to improve global economic governance. Both sides reaffirmed their commitment to multilateralism and support the creation of a transparent and predictable trade and investment environment. The two sides agreed to deepen financial sector cooperation, such as market access for the financial services industry, and promote exchanges between capital markets and financial regulators. The financial departments, financial supervisory authorities, and central banks of the two countries have each signed a memorandum of understanding on Sino-Canadian financial cooperation, a cooperation agreement on financial supervision dialogue, and financial working group work procedures. Both sides welcome the implementation of bilateral local currency exchange arrangements. Both sides welcome the recent positive developments in the Sino-Canadian economic and trade negotiations. The two sides look forward to the next dialogue in China.
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