Group 1 - The fourth high-level financial dialogue between China and Germany was co-hosted by Chinese Vice Premier He Lifeng and German Vice Chancellor and Finance Minister Christian Lindner, emphasizing the importance of bilateral communication and policy coordination in the financial sector [1] - Both parties agreed to enhance cooperation in the financial sector, promote macroeconomic policy coordination, and support a fair, open, and transparent multilateral trading system centered around the World Trade Organization [1] - The dialogue resulted in a consensus to welcome qualified companies from both countries to participate in each other's derivative markets, enhancing the liquidity of Global Depositary Receipts (GDRs) and Chinese Depositary Receipts (CDRs) [1][2] Group 2 - Germany welcomed China's increased role in the global commodity trading sector, particularly through the Shanghai Gold Exchange, and both sides agreed to ensure qualified banks can participate in each other's commodity markets [2] - The significance of developed derivative markets in promoting market development, depth, liquidity, and stability was recognized, with encouragement for qualified Chinese and German enterprises to engage in each other's derivative markets [2] - The 10th anniversary of the China-Europe International Exchange highlighted its role in facilitating financial cooperation between China and Germany, with support for expanding its business and enhancing cross-border regulatory dialogue [2]

Group 1 - The fourth high-level financial dialogue between China and Germany was co-hosted by Vice Premier He Lifeng and Vice Chancellor and Finance Minister Christian Lindner, emphasizing the importance of bilateral communication and policy coordination in the financial sector [1] - Both parties committed to enhancing macroeconomic policy coordination through various bilateral channels to promote global economic recovery and sustainable development, as well as to ensure global financial stability [1] - The dialogue resulted in several agreements, including the welcome of qualified companies listed on the Shanghai and Shenzhen Stock Exchanges to issue Global Depositary Receipts (GDRs) on the Frankfurt Stock Exchange, and vice versa for Frankfurt-listed companies to issue Chinese Depositary Receipts (CDRs) [1] Group 2 - The significance of developed derivatives markets in promoting market development, depth, liquidity, and stability was recognized, with both sides welcoming qualified Chinese and German enterprises to participate in each other's derivatives markets [2] - On the 10th anniversary of the China-Europe International Exchange, both parties acknowledged its role in facilitating financial cooperation between China and Germany, supporting the expansion of its business, including regulatory approval for A-share index derivatives [2] - Both sides encouraged qualified financial institutions to invest and operate in each other's markets, supporting enhanced cooperation in securities, futures, and derivatives, and fostering good conditions for addressing international economic and financial challenges [2]