China Agrees to Greater Digital Currency, Fintech Cooperation with European Union

855

One of China’s senior-most economic policymakers has flagged increased cooperation with the European Union in the areas of fintech and digital currencies.

Chinese vice-premier Liu He (刘鹤) said that China and the EU had agreed to strengthen information sharing and cooperation in areas including digital currency and fintech.

Liu made the remark during the Eighth High-level China-EU economic and trade dialogues held on 28 July, during a teleconference meeting with European Commissioner Valdis Dombrovski.

China also said that it welcomed the rapid completion of regulatory and other assessment work by the EU in relation to Qualifying Central Counterparties (QCCP).

Related stories

EU Says It Does not Want to Choose Be­tween China and the US

Huawei Teams up with Eu­rope’s STMi­cro­elec­tron­ics to Pro­cure Sil­i­con Mi­crochips

Ten­cent Plans to In­vest USD$10 Bil­lion in Eu­rope in 2020