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Li Keqiang Meets with Managing Director of the International Monetary Fund (IMF) Christine Lagarde
2019-04-24

On April 24, 2019, Premier Li Keqiang met with Managing Director of the International Monetary Fund (IMF) Christine Lagarde at the Diaoyutai State Guesthouse.

Li Keqiang said that current global economy still faces many uncertainties, and China's economy operated steadily in general in the first quarter of this year, beating market expectations and getting off to a good start. The IMF's move to raise China's GDP forecast showed its confidence in China's economic growth. We are also keenly aware that in the complex situation at present, Chinese economy still faces downward pressure. China, the world's largest developing country, will continue to deepen reform, expand opening up, streamline administration and delegate powers, and cut taxes and fees on a large scale to stimulate market vitality and withstand the downward pressure. We will boost confidence, be fully prepared for a tough struggle and ensure the economy operates within an appropriate range by rolling out a series of reform measures. China is willing to strengthen cooperation with the IMF, which will benefit not only the two parties' development, but also the steady growth of the global economy.

Christine Lagarde said I agreed with Premier Li Keqiang completely. Since China's economic growth in the first quarter is surprisingly good, the IMF has increased China’s GDP growth forecast. The IMF believes that China will achieve greater development as it is committed to reform and opening up and taking measures to cut taxes and fees, and that China's economic growth will further facilitate the development of the global economy.

Xiao Jie attended the meeting.

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