OTTAWA - Finance Minister Jim Flaherty and Bank of Canada governor Mark Carney plan to compare notes with their Chinese counterparts on the global financial crisis when they arrive in China this weekend.

A senior Finance Department official says the one-week trip will focus on the world economy and how government stimulus spending has fared.

There's also to be talk of how Canada and China's banking, securities and insurance industries are regulated.

Flaherty and Carney will be accompanied by Julie Dickson, the Superintendent of Financial Institutions, as well as other key government officials and financial executives.

The trip follows on recent, high-profile visits to China by Trade Minister Stockwell Day and Foreign Affairs Minister Lawrence Cannon.