Han: Swe­den can help guard global trade

China Daily (Hong Kong) - - TOP NEWS - By HU YONGQI huy­ongqi@chi­nadaily.com.cn

China would like to work with Swe­den in safe­guard­ing the mul­ti­lat­eral trad­ing sys­tem and pro­mot­ing a more open, in­clu­sive and bal­anced global econ­omy, Vice-Premier Han Zheng said on Fri­day.

Han spoke while meet­ing with Ja­cob Wal­len­berg, chair­man of the board of direc­tors of Swedish com­pany In­vestor AB, on Fri­day. The com­pany has a num­ber of sub­sidiary en­ter­prises like Eric­s­son op­er­at­ing in China.

They ex­changed views on the world econ­omy, free trade, tech­no­log­i­cal in­no­va­tion and other fields. The vice-premier said friend­ship, co­op­er­a­tion and mu­tual ben­e­fit have been a main fo­cus of re­la­tions be­tween the two na­tions, and both should work to­gether to pro­mote their sus­tain­able and healthy de­vel­op­ment.

Eco­nomic glob­al­iza­tion is an un­stop­pable trend, and China will open its doors even wider, Han said. The Wal­len­berg fi­nan­cial group and In­vestor AB are wel­come to ex­pand in China and de­velop in win-win co­op­er­a­tion, he said.

Wal­len­berg said com­pa­nies un­der In­vestor AB have about 60,000 em­ploy­ees in China. The Swedish com­pany firmly sup­ports free trade and con­sid­ers of great im­por­tance its re­la­tions with China and the Chi­nese mar­ket, he said. His group would like to strengthen co­op­er­a­tion with China in tech­no­log­i­cal in­no­va­tion and other fields, he said.

Han dis­cussed the sta­tus of China’s lat­est open­ing-up en­deav­ors, which have at­tracted a num­ber of multi­na­tional com­pa­nies. In July, Ger­man chem­i­cal com­pany BASF signed an agree­ment to build a solely owned fac­tory in Guang­dong prov­ince at a cost of 10 bil­lion eu­ros ($11.6 bil­lion).

Wal­len­berg was one of the over­seas mem­bers of the ad­vi­sory board of the School of Eco­nom­ics and Man­age­ment of Ts­inghua Uni­ver­sity to meet with Vice-Pres­i­dent Wang Qis­han on Fri­day.

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