Sino-US JEC to touch upon topics including RMB reform

The Chinese currency reform will be included in the agenda of the upcoming meeting of the Sino-US Joint Economic Commission (JEC), Chinese Foreign Ministry spokesman Kong Quan said in Beijing Tuesday.

The Sino-US economic and trade relations, financial cooperation, regional and world's macro-economy will be on the agenda as well, Kong said.

US Treasury Secretary John Snow and US Federal Reserve Chairman Alan Greenspan are scheduled to be present at the meeting of the G-20 Finance Ministers and Central Bank Governors, which will convene in China from Oct. 15 to 16, Kong added.

He said that Snow and his Chinese counterpart Jin Renqing will co-chair the JEC meeting scheduled to kick off Sunday afternoon.

It is Greenspan's first China visit since he took the post in 1987, Kong said, adding that the senior US Federal Reserve Chairman will know more about China's financial situation and currency reform during his stay in the country.

Source: Xinhua