|
Vice-Premier Huang Ju said in Beijing Thursday that China welcomes
foreign banks to take an active part in its economic development and
banking reform, increasing cooperation with it in the banking, insurance
and securities sectors.
Huang made the remarks during a meeting with Baudouin Prot, chief
executive officer (CEO) of the BNP Paribas, the largest French banking
group and the first European bank which set up a representative office in
Beijing back in 1980.
At present, Huang noted, China's economy still
maintains a good momentum
for growth, reform in the banking sector has further sped up, and
substantial progress have been made in the reform of State-owned
commercial banks, all these provide important business opportunities for
foreign financial companies, he said.
China and France share a very great potential for banking cooperation
along with continuous opening-up and expanding of Chinese financial
sector, Huang acknowledged, adding that it will contribute to the growth
of Sino-European economic and trade ties.
Baudouin Prot appreciated China for the achievements it had made in its
economic development and financial reform, saying that the BNP Paribas
confides in exploring further in the Chinese market.
(Xinhua) | 
Updated: 2004-11-12 10:44
