Ministry of Finance of the People's Republic of China

The Russia-China Financial Dialogue was founded in 2006 by signing the Memorandum of Understanding between the Ministry of Finance of the Russian Federation and the Ministry of Finance of the People's Republic of China on the establishment of a Chinese-Russian dialogue mechanism on financial issues.

Today the Dialogue has been extended and the list of participants besides representatives of the ministries of finance now includes central banks and commercial banks of Russia and China, regional institutions, as well as other relevant organizations.

The Agenda of the Dialogue covers such issues as regulation of accounting, insurance, audit security markets’ and banking activities, as well as the financial and economic systems’ stability in Russia and China.

Cooperation within the Dialogue contributes to a better understanding of the parties’ priorities, tasks and reforms, increasing its efficiency and facilitating Chinese-Russian cooperation in the mentioned areas at bilateral and multilateral levels, inter alia within the frameworks of international organizations and multilateral development banks.