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He promised that China will carry out deeper and wider reform in its administrative approval system to stimulate market vitality and create a better environment for fair competition.
During the meeting with Indian Ambassador Ashok Kantha, Vice Foreign Minister Liu pointed out that the act the by Indian side undermined China's territorial sovereignty, right and interests. He said such act by the Indian side artificially amplified differences between the two countries on the border issue and thus went against the principles and consensus that the two sides reached on properly addressing the issue.
The agreement is part of a memorandum of understanding signed by the central banks of the two countries here on Wednesday, which also includes a plan -- pending regulators' approval -- to set up the first branch of a Chinese bank in the Swiss financial hub of Zurich for future RMB clearance.
Speaking of this year's Davos forum theme, he said that amid ongoing significant and rapid changes in the world's political, economic, social and technological aspects, there is a close link between China's development and "The New Global Context", since the country is getting closer and closer with the world.
"China pays high attention to the major political changes in Yemen," Foreign Ministry spokesperson Hua Chunying told a daily press briefing on Tuesday.
来源：资阳报