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China vows to help maintain global finance stability

English.news.cn   2014-09-27 11:13:24

BEIJING, Sept. 27 (Xinhuanet) -- Chinese Premier Li Keqiang has met with Stefan Ingves, the chairman of the Basel Committee on Banking Supervision in Beijing.

Li Keqiang said the world economic situation is complicated and the global finance system still vulnerable.

Li pointed out that progress in finance was dependant upon real economy growth and China is willing to gear up financial reforms to support economic development, and help maintain world financial stability.

Ingves said China witnessed great achievement in its financial reform process. He expressed that the Basel Committee is willing to enhance the cooperation along with the Supervision units in other countries. He said the two sides should work closely together to stabilize the global finance system and promote the world economic recovery.

(Source: CNTV.cn)

Editor: Luan
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