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Saturday, September 22nd, 2018

Bakytzhan Sagintayev meets with representatives of China’s financial sector

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by September 13, 2018 Business

Today in Ukimet Uyi, Prime Minister of the Republic of Kazakhstan Bakytzhan Sagintayev met with representatives of China’s financial sector led by the Chairman of the China Banking and Insurance Regulatory Commission, Guo Shuqing.

The discussion covered issues of mutually beneficial cooperation between the financial systems of the two countries, including within the framework of the Astana International Financial Center.

The China Banking and Insurance Regulatory Commission was established through the merger in April 2018 of China’s banking and insurance regulators: the Banking Regulatory Commission and the Insurance Regulatory Commission. The merger is considered the largest reform of China’s financial regulation system over the past fifteen years and is designed to improve the efficiency and coordination of Chinese financial regulation.

Source: Government of the Republic of Kazakhstan

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