Chinese Premier, Li Keqiang, met with the International Monetary Fund (IMF) Managing Director, Christine Lagarde, at an annual business and development forum. Keqiang spoke alongside Caterpillar Inc. Chairman and CEO Douglas Oberhelman. The China Development Forum is a two-day meeting with the theme of “China: To Comprehensively Deepen Reform.”
Lagarde is in the Chinese capital to attend the China Development Forum, a platform for top decision makers in business, academy and government.
On Sunday, she emphasized China’s need to be a global responsible partner and praised Beijing’s search for more sustainable growth as outlined by the government at the end of 2013.
She welcomed a strengthened relationship with China and said economic reforms launched after the Third Plenum of the Communist Party in November last year should benefit the entire world.
Li also met with Caterpillar chairman Douglas Oberhelman, who co-chairs the forum, in Beijing’s Great Hall of the People.
Speaking as a representative of the foreign business community on Sunday, Oberhelman praised the country’s leaders’ pledges to reform and further open up the economy, but said that more needs to be done to help innovation in the economy.
The China Development Forum was holding its 15th meeting since it was founded in 2000 in Beijing.
This report is compiled with information from the BBC and the Associated Press. Image courtesy of AFP.