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Premier, Merkel hold joint press conference in Beijing

Updated: Oct 29,2015 5:02 PM     english.gov.cn

Premier Li Keqiang and visiting German Chancellor Angela Merkel held a press conference together in Beijing on Oct 29.

Premier Li talked about the achievements of their meeting. He said that the two reached an agreement in upgrading China-Germany cooperation, facing global challenges and maintaining global and regional peace. The two sides agreed to continue close high-level contact, improve the mechanism in various levels and fields, and increase mutual understanding and trust, the Premier said. The Chinese side invited Merkel to attend the fourth China-Germany intergovernmental consultations to be held in China next year.

The two sides will also start consultations on network affairs to promote building of a safe and open cyberspace. Industry 4.0 and Made in China 2025 will be promoted to expand strategic cooperation in newly-emerging industries. China-Europe investment agreement negotiations will be accelerated to start the free trade feasibility research soon. The two countries agreed on a multilateral trade system. China and Europe should fulfill the promises they made when China joined the WTO, the Premier said.

Premier Li said that China is implementing an innovation-driven development strategy. Both countries should fully utilize the great potential of the Chinese economy, strengthen cooperation in innovation development and a new type of urbanization, and create new highlights and growing points for bilateral relations.

Merkel said that Germany is confident about the prospect of the Chinese economy. China creates new opportunities for the two countries’ cooperation by promoting economic transformation and sustainable development. Germany welcomes Chinese enterprises’ investment to promote two-way investment, and will actively participate in the development of the Asian Infrastructure Investment Bank, she said.

The German side will help push Renminbi’s inclusion in the International Monetary Fund’s Special Drawing Rights and support China to join the European Bank for Reconstruction and Development. Germany appreciated China’s efforts in preparing for the upcoming United Nations Conference on Climate Change in Paris.

Premier Li and Merkel also answered reporters’ questions on China’s economic situation, innovation cooperation between the two countries and the refugee crisis in Europe.

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