Chinese Vice Premier Li Keqiang (R) meets with Chairman of the Intel Corporation Craig Barrett in Beijing, capital of China, on April 8, 2009. (Xinhua/Pang Xinglei) Photo Gallery>>>

    BEIJING, April 8 (Xinhua) -- Chinese Vice Premier Li Keqiang met with Intel Chairman Craig Barrett here on Wednesday.

    Li briefed Barrett about the policy measures that the Chinese government has taken to contain the impact of the international financial crisis. He emphasized that China will stick to the policy of opening up to the outside world. He reiterated China's stance on opposing trade protectionism and actively participating in international cooperation on addressing international financial crisis.

    Against the backdrop of a slowdown in world economy and recession in many countries, a steady and relatively fast growth of China economy will "undoubtedly provide a favorable environment for foreign companies to expand operation in China," Li said.

    The industrial restructuring and rejuvenation plans that the Chinese government unveiled in the past few months give unprecedented opportunities to companies from all countries and regions, Li said.

Chinese Vice Premier Li Keqiang (R) meets with Chairman of the Intel Corporation Craig Barrett in Beijing, capital of China, on April 8, 2009. (Xinhua/Pang Xinglei) Photo Gallery>>>

    Li expressed the wish that Intel and other multinational companies should continue to expand investment and cooperation in China in a bid to gain a win-win result.

    Barrett said Intel is confident about its growth of operations in China. He expressed the wish that Intel will play an active role in China's move to combat the financial crisis and restructure its industries.

    After the talks, Barrett presented Li with a piece of the latest chip that Intel unveiled last week.

    In February, Intel revealed it would close a factory in Shanghai and move the operation to other parts of China. The closure will affect 2,000 jobs, according to the website of Intel China, although Intel also said it will invest in Shanghai and Dalian and increase production at its Chengdu manufacturing base, a southwestern Chinese city.