China News Service, February 2-According to Kyodo News, Japan’s Finance Minister Taro Aso held the first telephone meeting with Yellen, the Secretary of the Treasury of the new Biden administration, on the evening of the 1st local time.

Aso said after the meeting that the two sides confirmed that in order to get rid of the economic crisis brought about by the spread of the new crown epidemic, "Japan and the United States will cooperate closely."

  According to reports, the telephone conference was held at around 11 pm on the 1st local time in Japan.

Aso congratulated Yellen on his appointment as Treasury Secretary, saying "I look forward to working with you."

  Yellen emphasized the need for huge fiscal measures in the response to the new crown epidemic.

  Yellen served as the chairman of the Federal Reserve (FRB) from 2014 to 2018, and has met with Aso many times at G20 meetings and other occasions.

After taking office as finance minister, Yellen has held talks with finance ministers of Britain and Germany.