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Trade between China and nations along the Belt and Road reached 1.12 trillion U.S. dollars in 2014. Xi has said he hoped this will surpass 2.5 trillion dollars in a decade.
China must deepen reforms if it wants to reinforce the vitality and efficiency of the financial sector, with measures including opening up market access, market-oriented interest and exchange rate reforms and making the yuan convertible under the capital account, the premier said.
BEIJING, May 12 (Xinhua) -- Chinese President Xi Jinping's six-day trip, which brought him to Kazakhstan, Russia and Belarus, has achieved substantial results, and has opened a new chapter for the Chinese diplomacy, Foreign Minister Wang Yi told reporters upon the conclusion of the tour.
China offers more opportunities for Brazilian financial institutions doing businesses in China, firstly in experimental free trade zones, hoping that its currency, the RMB, will have a stronger presence in bilateral trade and monetary transactions, with an eye to liberalize the Chinese currency, he said.
Li Keqiang: The current China-Japan relationship is still in a quite difficult spot. There is wish from both sides for improved relations. But such improvement needs a foundation. The crux of the issue is how to view the history of the Second World War, and whether one can draw lessons from that part of history to ensure that the war will never repeat itself. I suppose when you were in Japan, you may have heard such views that the war took place 70 years ago, and the war was something done by the past generation and has little to do with the current generation of the Japanese people. Why does the Chinese side refuse to let it go? I don’t think this is something about the Chinese refusing to let that part of history go. What we believe is history should not be forgotten. Mankind has successfully kept a large world war at bay in the past 70 years. We believe it is because lessons have been drawn from that part of history in which mankind acted stupidly. It is common knowledge in political science that leaders of a country, while inheriting the achievements made by their predecessors, should also shoulder the responsibilities for crimes committed by past generations. This is how one establishes his true sense of national identity and responsibility.