China hosts 1+10 dialogue with major economic figures

CGTN Europe

Chinese Premier Li Qiang has held a "1 + 10" dialogue with the heads of major international economic organizations, including the World Bank and the IMF. CGTN’s Dai Kaiyi reports from Beijing.

Transcript

00:00Chinese Premier Li Chang has held a 1 plus 10 dialogue with the heads of major international economic organizations

00:06Including the World Bank and the International Monetary Fund. Our correspondent Dai Kaiyi reports from Beijing

00:12Premier says that China's economy has shown a better and more obvious growth

00:18Thanks to the incremental policies it enforced and there are new growth impetus taking shape and growing

00:25He says the country will try even harder on its what he calls

00:30counter-cyclical adjustments expanding domestic demand and consumption so as to provide more impetus to the world economic

00:37Recovery he points out that China supports new development bank to further expand membership

00:43And China is willing to see more projects and financing cooperation between the two sides and for the World Bank

00:50Premier Li says that China will work to strengthen the cooperation in areas such as international development

00:56Loans and knowledge he also mentions that the country supports the necessary reforms of the World Trade Organization

01:05upholding economic globalization and free trade and the country will also deepen cooperation with the International Monetary Fund

01:12finding better solutions and safeguarding financial stability

01:16Fostering common development and also combating a climate change so heads of the

01:2210 international organizations believe that China has taken effective measures in building business a better business environment

01:29Expanding opening up and it gives momentum and confidence to the economy of the rest of the world

01:35They speak highly of China's support over the long run and says we'll work to build even

01:41Stronger ties of cooperation with the country as well as safeguarding the common goals of multilateralism free trade and

01:49prosperity as a whole

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