China Has The Confidence And Ability To Maintain Sustained And Healthy Economic Development.

The Asian infrastructure investment bank, jointly established by China and jointly sponsored by 57 countries, was officially opened.

At 10:30 a.m., President Xi Jinping attended the opening ceremony of the Asian infrastructure investment bank and delivered a speech.

It is pointed out that the establishment and opening of the Asia Investment Bank is of great significance to the reform and perfection of the global economic governance system, complying with the trend of the adjustment and adjustment of the world economic structure, and contributing to the promotion of the global economy.

The system is developing towards a more just, reasonable and effective way.

In addition to paying capital stock on time, China will prepare a special fund of $50 million for the upcoming projects to support the development of infrastructure projects in less developed member countries.

Xi Jinping stressed that 2016 was the beginning of the "13th Five-Year" period in China.

It has the ability to maintain sustained and healthy economic development and create more opportunities and bring more benefits to Asia and the rest of the world.

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Li Keqiang, premier of the State Council, met with Chakrabarty, governor of the European bank for reconstruction and development, at the purple light Pavilion in Zhongnanhai on the afternoon of 15.

Li Keqiang pointed out that the Chinese government firmly promotes financial reform and insists on promoting growth through reform.

In the past year, China's interest rate liberalization has taken a key step.

We will continue to promote the reform of the financial regulatory mechanism and set up a financial regulatory framework adapted to the development of modern financial markets to prevent systemic financial risks.

Li Keqiang stressed that China's current economic operation is generally stable and the growth rate is among the leading economies in the world, with ample foreign exchange reserves and a sound financial system.

China has no intention to stimulate exports through currency competitive depreciation, and there is no basis for sustained depreciation of the RMB exchange rate.

China is capable of maintaining the basic stability of the RMB exchange rate at a reasonable and balanced level.