Li Keqiang meets with IMF Managing Director Georgiyeva
Chinese Premier Li Keqiang met with IMF Managing Director Georgiyeva at the Great Hall of the people on the afternoon of November 22.
Li Keqiang said: yesterday, we jointly attended the "1 / 6" round table dialogue. Together with the heads of major international economic organizations, China has sent a strong signal to safeguard multilateralism and free trade, to work together to deal with the downward pressure on the economy, and to strengthen international cooperation. As a major economy in the world, China's current economic operation is generally stable and faces downward pressure. We will stimulate market vitality and withstand downward pressure through further reform and opening up. Financial opening up is a key point for China to open wider to the outside world. We will continue to open up in the banking, insurance and securities industries, and strive to achieve full ownership and licensing of foreign banks. We will maintain the basic stability of the RMB exchange rate at a reasonable and balanced level, and at the same time continue to promote the market-oriented reform of the RMB exchange rate, but will not engage in competitive devaluation. China has always supported a strong, share-based and well-resourced IMF, and looks forward to deepening cooperation with IMF and working with other countries to deal with the downward pressure on the world economy and trade and enhance the momentum of development.
Georgiyeva said that the "1 / 6" round table dialogue held yesterday was very successful. Against a backdrop of slowing global economic growth and increasing uncertainty, the International Monetary Fund appreciates a series of thoughtful economic policies adopted by the Chinese government. China has adopted a proactive fiscal policy, achieved large-scale tax and fee reduction, implemented a prudent monetary policy, and promoted supply-side structural reform, which is conducive to enhancing China's medium-and long-term competitiveness. The IMF appreciates China's measures to further open up and safeguard multilateralism, and is willing to strengthen cooperation with China in various fields to jointly promote the sustainable development of the world economy.