Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 12 (Xinhua) — Chinese Premier Li Qiang met with European Central Bank (ECB) President Christine Lagarde in Beijing on Thursday, calling for greater openness and cooperation between the two sides.
Recalling that this year marks the 50th anniversary of the establishment of diplomatic relations between China and the European Union, Li Qiang said China hopes to continue making efforts with the EU to consolidate political mutual trust, expand practical cooperation and jointly promote development and prosperity.
As the head of the Chinese government noted, the economies of China and the EU are highly complementary, China has the advantage of a super-large market and continues to reveal its market potential. The parties have significant potential for cooperation in many areas, Li Qiang added.
As two major economies and two major forces, China and the EU should carry out closer multilateral coordination, promote openness and cooperation, and make greater contributions to global economic recovery and improving global governance, the premier said.
In addition, Li Qiang expressed China’s intention to strengthen cooperation with the ECB in such aspects as reforming the international monetary system. He also assured that China will resolutely expand its opening up to the outside world and share its development opportunities with all countries.
K. Lagarde, for her part, noted that customs and trade wars will only lead to mutual loss; firm adherence to multilateralism and strengthening openness and cooperation are the right choice.
As noted by K. Lagarde, the ECB is pleased to jointly establish with China the mechanism of central bank governors’ meetings and hold the first meeting within its framework, and also seeks to strengthen communication and coordination with Chinese financial institutions, expand and deepen areas of cooperation, jointly addressing global challenges. –0–