China, France to beef up partnership in financial innovation

China and France have signed a Memorandum of Understanding on bilateral cooperation in financial innovation recently, the country's top securities watchdog said Monday.

Both parties will share information and strengthen cooperation in the development trend of financial technologies and relevant policies for regulation, the China Securities Regulatory Commission (CSRC) said in a statement on its website.

The two countries' securities regulators also achieved consensus on enhancing green finance cooperation and exploring ways to advance connecting the two countries' capital markets, according to the statement.