Premier Li Qiang at Global Finance Summit in Paris

57
Premier Li in France to attend Global Finance Summit

Paris, 22 June 2023 (TDI):  Premier Li Qiang of China has arrived in Paris to attend Global Finance Summit from June 22-23. He will participate in momentous high-level exchanges aimed at deepening the strong bond between China and France.

The summit is focused on financial reforms to support climate challenges and multiple other economic crises.

This significant visit comes shortly after the successful visit of President Macron to China in April 2023, highlighting the commitment of both nations to fostering bilateral cooperation and mutual understanding.

Previously at the minister-level meeting between France and China in May 2023, it was decided that China will have top-level participation in the summit to highlight the polycrises that the world is facing today.

During his stay, Premier Li Qiang is scheduled to engage in a series of crucial meetings with French leaders aimed at exploring avenues for enhanced collaboration across various sectors.

These meetings will serve as a platform to discuss key areas of shared interest, such as trade, investment, technology, and cultural exchange, with the aim of further strengthening the already robust ties between the two nations.

Upon his arrival today in Paris, Li Qiang expressed China’s readiness to collaborate with France in order to enhance bilateral opening-up in both directions, establish stronger and more robust industrial and supply chains connecting China with France and Europe, and foster deeper exchanges among their respective populations.

In addition, Premier Li Qiang will have the honor of attending a special dinner hosted by prominent members of the business communities from both China and France. This gathering will provide an invaluable opportunity for business leaders to exchange ideas, explore potential partnerships, and foster economic growth between the two nations.

Highlighting the significance of China’s role on the global stage, Premier Li Qiang will deliver a thought-provoking speech at the esteemed Summit for a New Global Financing Pact.

This address will shed light on China’s commitment to international cooperation, economic development, and the establishment of a fair and sustainable global financial system.

Premier Li is in Paris after completing his first diplomatic visit to Germany.

Also Read: Germany and China sign MoU to tackle climate crisis

GLOBAL FINANCE SUMMIT 2023

The Summit for a “New Global Financial Pact,” scheduled for June 22 to 23, 2023, will take place in Paris at the behest of President Emmanuel Macron.

This initiative was shared during COP27 in Egypt. The Summit aims to address the far-reaching consequences of multiple crises, including those related to climate change, energy, health, and the economy, with a particular focus on vulnerable nations.

The event’s agenda will prominently feature discussions on securing the necessary funding to tackle these challenges. The Summit has outlined four main objectives, each of which will be pursued by a corresponding working group.