China-Korea Cooperation Agreement on Climate Change was signed by Xu Shaoshi, director of NDRC and Choi Kyung-Hwan, vice premier of Korea and Minister of Ministry of Strategy and Finance during the 13th China-Korea Financial Minister Conference in Beijing on January 29. The agreement reiterated the consensus of the two countries leaders and stressed the importance of tackling climate change and practicing the principles and regulations of UNFCCC; and is about to launch cooperation featuring mitigation, adaptation, market system and capacity development through information and technological exchanges, policy dialogue, joint research and cooperation projects.