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He also reviewed China's commemoration of the 70th anniversary of the end of World War II and noted the country's contribution to world peace and development.
Saudi Arabia is the first stop of my first overseas visit this year and also the first Arab country I will visit as President of the People's Republic of China.
Reforms to invigorate state-owned enterprises (SOEs) also saw progress. After prudent research and review, a guideline was released in September to further modernize SOEs, enhance state asset management, promote mixed ownership and prevent the erosion of state assets.
After exchanging New Year greetings with Merkel, Li spoke highly of the progress made in strengthening Sino-German ties last year, vowing to maintain high-level exchanges with the country and enhance pragmatic cooperation in various areas.
Also, Li pledged support for the region to take part in the country's "Belt and Road" initiative and its efforts in reaching out for international market.
来源：资阳报