China Daily

Premier pledges greater access to financial services, manufactur­ing

- By ZHANG YUE in The Hague, Netherland­s zhangyue@chinadaily.com.cn

China will further expand its market access in manufactur­ing and financial and other services to worldwide investors to continue its opening-up, Premier Li Keqiang said on Monday.

Li made the remark when he jointly met the media with Mark Rutte, prime minister of the Netherland­s, in The Hague.

Li said agreements worthy of close to $10 billion dollars are expected to be reached between businesses of both sides during his visit.

“This shows that China is opening its market wider to the Netherland­s. It also demonstrat­es that we have big potential for cooperatio­n,” Li said.

Li told reporters that some European companies have already benefited from China’s new opening-up efforts in easing equity share limits in basic manufactur­ing industries.

The country’s opening-up policy provides a level playing field for businesses from all countries, he said. Busitainti­es nesses worldwide are expected to take advantage of the possibilit­ies created by China’s new round of reform and opening-up, enabling mutual benefit and common developmen­t, he said.

China is willing to further cooperate with the Netherland­s in agricultur­e, manufactur­ing and services, Li said.

Calling the graying of the population a challenge facing both countries, Li said China is ready to learn from the experience­s of the Netherland­s and expand cooperatio­n with the country in taking care of the elderly, as well as in clean energy and urbanizati­on.

The world now stands in a complex situation with uncer- increasing, Li said, and it is crucial to forge consensus and jointly protect multilater­alism and free trade.

“Without free trade, there is no such thing as fair trade. And free trade cannot be sustainabl­e without fair trade,” Li said. “China is ready to work hand in hand with the Netherland­s to discuss and coordinate in improving the multilater­al system.”

During his talk with Rutte, Li said China is willing to strengthen coordinati­on with the Netherland­s on reform of the World Trade Organizati­on. WTO reform should firmly maintain the principle of free trade and openness, protect the legitimate rights and interests of developing countries and reduce the developmen­t gap, Li said, adding that coordinati­on and consensus are crucial during the process.

China firmly upholds the UN Paris climate change agreement and will make great efforts to fulfill its promises, Li said.

Without free trade, there is no such thing as fair trade.”

Premier Li Keqiang

Rutte said that the Netherland­s is willing to consolidat­e mutual political trust with China and work actively with China in expanding cooperatio­n in third-party markets, a circular economy based on reuse and smart cities.

It is also willing to work with China to address global challenges like climate change and in maintainin­g rule-based multilater­alism and a free-trade system, Rutte added.

The two leaders witnessed the signing of a number of cooperativ­e documents in the areas of trade and investment, finance, energy and agricultur­e.

The trip marks the first by a Chinese premier to the country in 14 years. During Li’s three-day stay in the country, he will meet with Dutch King Willem-Alexander.

 ?? LI TAO / XINHUA ?? Premier Li Keqiang is accompanie­d by Dutch Prime Minister Mark Rutte at a welcoming ceremony at the Binnenhof, the Dutch government center, in The Hague, Netherland­s, during his three-day official visit, which began on Sunday.
LI TAO / XINHUA Premier Li Keqiang is accompanie­d by Dutch Prime Minister Mark Rutte at a welcoming ceremony at the Binnenhof, the Dutch government center, in The Hague, Netherland­s, during his three-day official visit, which began on Sunday.

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