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7th India-China Financial Dialogue
Dec 23, 2014

The 7th India-China Financial Dialogue was held IN New Delhi recently. A high level Chinese delegation interacted with the Indian delegation on wide-ranging bilateral issues of mutual concern and interest.

The India-China Financial Dialogue is a forum that enables the two countries to annually review and discuss a wide gamut of international/bilateral issues for strengthening and deepening economic and financial cooperation between the two countries.

This framework was conceptualized during the visit of the Indian Prime Minister to Beijing in 2003 and the framework was formalized through a MoU, signed in April 2005, during the visit of the Chinese Premier to India.

According to a Joint Statement issued at the end of the Dialogue:

  • The two countries reviewed the prevailing global macro-economic situation and agreed to coordinate policy action in facing common external challenges.

  • Both sides underscored the need to strengthen cooperation under multilateral frameworks and fora.

  • India and China exchanged views on fiscal and taxation reforms.

  • They agreed to strengthen cooperation amongst financial sector regulatory agencies and encourage long-term Chinese investments in the Indian infrastructure sector.


The 8th round of India-China Dialogue would be held in China in 2015.


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