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English>>Foreign Affairs

Premier Li congratulates inaugural ceremony of AFCA

(Xinhua)    18:20, July 24, 2017

Chinese Premier Li Keqiang Monday sent a congratulatory letter to the inaugural ceremony of the Asian Financial Cooperation Association (AFCA).

The establishment of a stable and efficient financial system is an important foundation for sustainable development of the world economy, and the AFCA will serve an important role in optimizing the allocation of regional financial resources and supporting the development of all countries, especially emerging economies, Li said in the letter.

Vice Premier Ma Kai attended the ceremony.

Officially established in May at the Belt and Road forum in Beijing, the AFCA has 107 institutions from around the world as founding members.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Chen Lidan, Bianji)

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