Prime Minister Li confident in China's economy, eyes cooperation with Germany

GMT 21:37 2016 Friday ,08 April

Arab Today, arab today Prime Minister Li confident in China's economy, eyes cooperation with Germany

Li Keqiang with Frank-Walter Steinmeier
Beijing - XINHUA

Chinese Premier Li Keqiang expressed his confidence in the country's economy on Friday, stressing that China has the ability to maintain medium-high rate of growth.

Li told visiting German Foreign Minister Frank-Walter Steinmeier that China's economic indicators for the first quarter have shown many positive changes and are better than expected.

At the same time, the basis for the positive trend of China's economy is not solid yet, the premier said, attributing the situation to the world economic downturn and market fluctuation.

"We face up to the difficulties and challenges, will continue to play well the tremendous resilience, potential and space to maneuver of the Chinese economy, and constantly push forward reform and opening up," Li said.

China has the confidence and ability to sustain a medium-high growth rate and move to medium-high level of development, the premier stressed.

On China-Germany ties, Li called on both sides to improve the alignment between the "Made in China 2025" and "German Industry 4.0" strategies, advance cooperation in third-party markets in high-speed rail and other fields, in order to promote their economic growth.

Given the present complicated world economic situation, all countries should enhance communication, expand collaboration and jointly tackle challenges, Steinmeier said, noting Europe also faces many difficulties.

Germany is ready to push forward cooperation with China in third-party markets in high-speed rail, infrastructure construction and other fields so as to promote stability and growth, according to the minister.

Invited by Chinese Foreign Minister Wang Yi, Steinmeier is paying a visit to China from Friday to Sunday. The two ministers co-chaired the second session of Chinese-German strategic dialog on diplomatic and security affairs earlier on Friday.

They agreed to work together for a successful G20 summit so as to contribute to world economic growth.

This year's G20 Leaders Summit will be held in September in Hangzhou, east China's Zhejiang Province. Germany will host next year's G20 summit.

The two sides also agreed on enhancing cooperation in Afghanistan's peaceful reconstruction and development.

Chinese State Councilor Yang Jiechi also met with Steinmeier on Friday.

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