Chinese vice premier calls for stronger financial, economic cooperation with Germany

09:46, March 31, 2011      

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Chinese Vice Premier Li Keqiang (R, front) meets with German Federal Minister of Finance Wolfgang Schaeuble (L, front) in Beijing, capital of China, March 30, 2011. (Xinhua/Xie Huanchi)

Chinese Vice Premier Li Keqiang met with German Federal Minister of Finance Wolfgang Schaeuble in Beijing Wednesday, calling on both sides to cement financial and economic ties and expand cooperation in energy and "green" economics.

Hailing the sound growth of bilateral relations, Li told Schaeuble that China hopes to boost its strategic partnership with Germany in the spirit of mutual respect and equality.

The two countries' economies are highly compatible, Li said, calling on both countries to enhance traditional trade and investment and seek out new areas of economic development and cooperation.

Li said he hopes both sides will strengthen their coordination and join hands to promote the reform of the global financial system.

Li also requested joint efforts from both countries to increase the voice and representation of emerging economies and developing nations.

Speaking positively of bilateral ties, Schaeuble said his country hopes to boost trade links with China during the implementation of China's 12th Five-Year Plan.

He expressed gratitude for China's support during the European sovereign debt crisis. The European Union will firmly defend the euro and guard its financial stability, he added.

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Source: Xinhua
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