China is promoting high-level opening-up in the financial sector and welcomes foreign-invested enterprises to deepen mutually-beneficial cooperation, Vice Premier He Lifeng said in Beijing on Tuesday.
He, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks when meeting with Andrew Schlossberg, President and Chief Executive Officer of Invesco.
Noting that China is continuing to deepen the reform of the capital market, steadily expanding the institutional opening up of the financial sector, and striving to provide high-quality financial services for economic and social development, He said that companies from all countries are welcome to continue deepening investment cooperation with China for mutual benefit and win-win results.
Schlossberg expressed his optimism about the development prospects of China's financial market, saying his company is willing to take China's further comprehensive deepening of reform as an opportunity to continue expanding cooperation with China
China welcomes foreign-invested firms deepening mutually-beneficial cooperation: vice premier
A Chinese envoy on Monday deposited to the United Nations (UN) the Statement on the Baselines of the Territorial Sea Adjacent to Huangyan Dao and the Chart, the Chinese Mission to the UN said in a press release.
Geng Shuang, China's deputy permanent representative to the United Nations, on behalf of the government of the People's Republic of China, deposited the Statement of the Government of the People's Republic of China on the Baselines of the Territorial Sea Adjacent to Huangyan Dao and the related Chart to Stephen D. Mathias, acting under-secretary-general for legal affairs of the United Nations and UN legal counsel.
The statement and the chart will be published on the UN website, said the release.
Huangyan Dao has always been China's territory, it said. On Nov. 10, in accordance with international law, including the UN Convention on the Law of the Sea, and the Law of the People's Republic of China on the Territorial Sea and the Contiguous Zone, the Chinese government delimited and announced the baselines of the territorial sea adjacent to Huangyan Dao, the press release said.
This is a natural step by the Chinese government to lawfully strengthen marine management and is consistent with international law and common practices, it added.
According to the UN Convention on the Law of the Sea, the coastal state shall deposit a copy of the chart or list of geographical co-ordinates of its baselines of the territorial sea with the UN secretary-general.
The deposit is not only an international practice by China as a state party to the UN Convention on the Law of the Sea in fulfilling its obligations under the Convention, but also a legitimate activity to defend its territorial sovereignty and maritime rights and interests, the press release said.
China deposits to UN statement on Baselines of Territorial Sea Adjacent to Huangyan Dao and Chart