Chinese vice premier meets with Citigroup CEO, stresses financial sector opening-up

Chinese Vice Premier He Lifeng on Thursday stressed China's commitment to further open up its financial sector.

Meeting with Jane Fraser, chief executive officer of Citigroup, in Beijing, He, also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, said that China is deepening the reform of its financial system and continuing to expand the high-level, two-way opening-up of its financial sector.

China welcomes more foreign financial institutions and long-term capital, including Citigroup, to invest and do business in China, and to share opportunities and participate in the development of the country's financial market, He said.

Fraser said that Citigroup is optimistic about the prospects of China's economy and financial market, and is willing to explore the Chinese market further, contributing to the promotion of U.S.-China economic and trade cooperation and maintaining the healthy development of the global economy.

Chinese President Xi Jinping left Brasilia on Thursday after attending the 19th G20 Leaders' Summit and paying a state visit to Brazil.

On the way to the airport, representatives of overseas Chinese, Chinese institutions and students waved the national flags of China and Brazil on both sides of the road, congratulating Xi on the complete success of the visit.

Upon Xi's departure, Brazil's Agriculture Minister Carlos Favaro, Minister of Mines and Energy Alexandre Silveira, Minister of Ports and Airports Silvio Costa Filho and Commander of the Brasilia Air Force Base Miguel Angelo Cortes Salvio Junior, along with other senior officials, bid farewell to Xi at the airport.

Xi arrived in Brasilia on Tuesday for a state visit to Brazil.