On October 26, 2018, Jiang Feng, President of the Shanghai Stock Exchange (SSE), and Akira Kiyota, CEO of Japan Exchange Group (JPX), signed a Memorandum of Understanding (MOU) on Closer Cooperation on behalf of the two exchanges. The two sides agreed to carry out the feasibility study on ETF products cooperation to jointly promote the China-Japan ETF Connect and strengthen their cooperation.
The MOU was signed when Japanese Prime Minister was visiting China. The China Securities Regulatory Commission (CSRC) and the Japan Financial Services Agency signed the "Memorandum of Understanding on Promoting the Cooperation between Chinese and Japanese Stock Markets" under the witness of Premier of the State Council Li Keqiang and Japanese Prime Minister Shinzo Abe. The ETF cooperation between the SSE and the JPX marked an active measure to respond to the in-depth cooperation and exchange between the two sides' futures and securities regulation institutions and expand the China-Japan pragmatic cooperation in the financial field.
The SSE signed a memorandum of understanding with the Tokyo Stock Exchange and the Osaka Securities Exchange in 2002 and 2004, successively. Afterwards, they had high-level visits and personnel and information exchanges and maintained long-term good cooperation relations.
In recent years, the SSE has committed to promoting the internationalization of the exchange under the arrangement and guidance of the CSRC. In the future, the SSE will continue to strengthen talks and cooperation with overseas exchanges, explore innovative cooperation modes for domestic and overseas capital markets, and earnestly facilitate the two-way opening-up of the Chinese capital market.