Chinese Premier Li Keqiang meets with the World Health Organization Director General Margaret Chan in Zurich, Switzerland, Jan. 22, 2015.
China is going to loosen government regulation and encourage mass innovation to achieve higher-quality development, Li said in a keynote speech at the World Economic Forum (WEF) annual meeting.
China and Switzerland are poised to sign a financial deal on Wednesday to pave the way for the establishment of an offshore renminbi market in Zurich.
Despite increasingly close ties with Europe, Premier Li Keqiang is seeking further opportunities, amid challenges and uncertainties, on his mission to forge even stronger links between China and the fragile European economy.
Premier Li Keqiang vowed here on Wednesday to advance China's comprehensive reform and open the country wider to foreign investors.
The improvement of the quality and efficiency of the Chinese economy and its upgrading make important contributions to maintaining the stability and healthy development of the world economy and finance, Chinese Premier Li Keqiang said here Tuesday.
A new round of comprehensive reform measures began in 2014, which restructured the economy, and streamlined authoritative powers to stimulate the market. The year 2015 will see the continuation of this reform trend.
As Premier Li Keqiang departs for Davos, Switzerland, on Tuesday to attend the World Economic Forum meetings, global business and opinion leaders are expecting the second-most-powerful man in China to demonstrate active engagement in international affairs and a strong resolve for deeper economic reforms against a backdrop of a global recession.