Bettel meets China’s president Xi Jinping

Prime Minister Xavier Bettel is in China this week for a series of visits and meetings, where he met the Chinese prime minister, Ki Keqiang on Monday, and President Xi Jinping today.

Prime Minister Bettel took the opportunity to welcome 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, with other banks finalising the procedures to settle in Luxembourg”, he said.

During the day, the prime minister 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.

Prime Minister Bettel 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.