Fourth Sino-German High-Level Financial Dialogue Joint Statement: Both countries will continue to support sustainable financial capacity building, with a focus on domestic and global financial transformation.

According to the official website of the Ministry of Finance, the joint statement of the fourth Sino-German High-Level Financial Dialogue mentioned that both parties welcome significant progress in strengthening the foundation of green finance and sustainable finance, and will continue to deepen cooperation within the framework of the "Central Bank and Regulatory Authority Green Finance Network." They will achieve this by sharing knowledge and good practices, encouraging and supporting financial institutions to enhance climate and nature-related risk management. Both sides have agreed to collectively promote the enhancement of interoperability and practicality of standards at both bilateral and global levels, avoiding unnecessary complexity, and mobilizing private sector funds needed for climate action, nature conservation, and achieving sustainable development goals. The two countries will continue to support the development of sustainable finance capabilities, with a focus on domestic and global financial transformation. They particularly support the development of training content by relevant institutions of both countries and the implementation of capacity-building initiatives, covering stakeholders in both countries and third-party markets. Both parties have agreed to deepen exchanges and cooperation between participants in the sustainable finance markets of both countries, encouraging innovative practices to diversify investment channels and support project financing for transformation.