China and U.S. should increase policy coordination, cooperation - China vice finance minister

[June 02, 2016]  BEIJING (Reuters) - China and the United States should open up their markets to each other and increase policy coordination and cooperation, China vice finance minister Zhu Guangyao said on Thursday.

Zhu also said the global economy faces relatively big downward pressure.

Zhu made the remarks days ahead of the annual U.S.-China Strategic and Economic Dialogue will be held June 6-7 in Beijing.

(Reporting by Kevin Yao; Editing by Eric Meijer)

[© 2016 Thomson Reuters. All rights reserved.]

Copyright 2016 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.