BEIJING: China and the United States have reached important consensus on economic and financial cooperation after in-depth consultations and discussions during US Treasury Secretary Janet Yellen's visit to China, China's Vice Finance Minister Liao Min said on Monday.

Deepening communication, coordination of economic, financial policies and promoting mutually beneficial cooperation between the world's two largest economies are of great significance in stabilizing the economy and finance of both sides and the whole world, as well as promoting post-pandemic recovery and development, Liao said in response to a media inquiry during a press briefing.

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