Chinese Vice-Premier Huang Ju met in Beijing Monday with a Macao financial delegation headed by Anselmo Teng, president of the Monetary Authority of Macao Special Administrative Region (SAR).

Huang said there has been strong economic and financial cooperation between Chinese mainland and Macao. To strengthen such a cooperation is significant in maintaining the long-term stability and prosperity of Macao.

After China's accession to the World Trade Organization, Huang said, the banking sector in the Chinese mainland faces more opportunities, and the mainland hopes to reinforce the cooperation with Macao in financial service, product innovation and venture investment.

China Banking Regulatory Commission Chairman Liu Mingkang and vice president of the People's Bank of China Wu Xiaoling also attended the meeting.

Source: Xinhua