Sat07222017

Friday, 16 June 2017 10:31

Bettel Vaunts Expanding Relations between China and Luxembourg

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During his state visit to China this week, Prime Minister Xavier Bettel, was welcomed by China’s Prime Minister Li Keqiang on 12 June, and by the President of the People's Republic of China and General Secretary of the Communist Party of China, Xi Jinping, on 14 June. 

The Prime Minister of Luxembourg welcomed the strengthening of relations between China and Luxembourg. 

"45 years after the establishment of diplomatic relations between our two countries, our partnership is today very diversified, especially in the financial, logistics and cultural sectors, and has great potential for the future. I am thinking in particular of the new air freight company between Cargolux and HNCA and the presence of the six Chinese banks in Luxembourg. Other banks are finalising the procedures to settle in Luxembourg”, said the prime minister. 

Xavier Bettel also met with leaders of Chinese companies active in the field of information technology and communication and also in the field of FinTech. In this context, the Prime Minister presented the new Luxembourg House of FinTech (LHoFT) structure and its potential to host new foreign companies in Luxembourg.

Finally, Xavier Bettel was received by the Chairman of the Standing Committee of the National People's Congress of China, Zhang Dejiang.

The prime minster was accompanied by the Minister for Sustainable Development and Infrastructure, François Bausch, and Finance Minister Pierre Gramegna, as well as an economic delegation composed of representatives of Cargolux Airlines International, SES Astra and Promotion of the Luxembourg for Finance financial sector.

Image: Xavier Bettel with Zhang Dejiang, president of the permanent committee of the popular national assembly of China. Photo supplied. 

 

A freelance travel writer and journalist, Nicky is adjusting to a quieter life in Luxembourg after six years plying the dirt trails and chaotic streets of Cambodia.

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