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China, Finland to enhance economic ties during PM Orpo's visit: spokesperson

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China, Finland to enhance economic ties during PM Orpo's visit: spokesperson

2026-01-22 20:17 Last Updated At:23:57

The Ministry of Commerce said on Thursday that it expects new momentum in bilateral economic and trade cooperation with Finland during Finnish Prime Minister Petteri Orpo's official visit to China from January 25 to 28.

Regarding the bilateral trade relations, a ministry spokesperson noted that Finland is an important economic and trade partner of China in Europe and was the first European country to sign an inter-governmental trade agreement with China.

Under the strategic guidance of the two countries' leaders, China-Finland economic and trade cooperation has seen its foundation steadily strengthened and its scope continuously expanded, the spokesperson said.

In 2025, two-way trade exceeded 8 billion U.S. dollars, while mutual investment stock surpassed 23 billion U.S. dollars, reflecting sustained enthusiasm from enterprises on both sides to deepen mutually beneficial cooperation.

Prime Minister Orpo will be accompanied by executives from more than 20 Finnish companies spanning machinery, forestry, innovation, clean energy, food and other key sectors, highlighting Finland's strong desire to deepen economic engagement with China, according to the spokesperson.

China and Finland are also preparing for the sixth meeting of the China-Finland Committee for Innovative Business Cooperation, with around 50 companies expected to take part.   During the visit, China's Ministry of Commerce and the Finnish side will sign a memorandum of understanding on strengthening the committee's work, while companies from both countries are set to conclude multiple commercial agreements.

These arrangements fully demonstrate that both China and Finland have the will, confidence, and capability to promote the sound and steady development of bilateral economic and trade cooperation, the spokesperson noted.

Looking ahead, the spokesperson stressed that the two countries enjoy strong complementarity and broad cooperation potential in green and innovation-driven development. Chinese and Finnish companies are encouraged to seize the new opportunities presented by China's ongoing high-level opening-up and to further cooperate in green transition, information technology, the digital economy and related fields.

The Ministry of Commerce expressed its readiness to work with relevant Finnish institutions to implement the important consensus reached by the leaders of both countries, enhance communication on economic and trade policies, provide quality services to enterprises, and further deepen and solidify bilateral cooperation. 

China, Finland to enhance economic ties during PM Orpo's visit: spokesperson

China, Finland to enhance economic ties during PM Orpo's visit: spokesperson

China, Finland to enhance economic ties during PM Orpo's visit: spokesperson

China, Finland to enhance economic ties during PM Orpo's visit: spokesperson

Chinese Premier Li Qiang on Thursday presided over a State Council executive meeting that studied work on building a unified national market and reviewed and approved a plan for the development of a modern emergency response system during the 15th Five-Year Plan period (2026-2030).

Noting that building a unified national market is essential to advancing high-quality development, the meeting called for deepening institutional frameworks in areas such as property rights protection, market access, fair competition, social credit and market exit mechanisms.

The meeting also urged efforts to advance high-standard connectivity of market infrastructure to facilitate smooth economic circulation and effectively reduce logistics costs across society.

Emergency management is critical to protecting people's lives and property, the meeting said. It called for accelerating the development of a modern emergency response system, deepening reform and innovation in emergency management, and improving coordinated response mechanisms.

Efforts should be made to strengthen risk prevention at the source, enhance monitoring, forecasting and early warning, and accelerate a shift in governance toward proactive prevention, according to the meeting.

A draft revision of the Law on the People's Bank of China was also discussed and approved in principle at the meeting, which decided to submit the draft to the Standing Committee of the National People's Congress for deliberation.

Chinese premier chairs State Council executive meeting

Chinese premier chairs State Council executive meeting

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