Chinese Premier Li Keqiang Delivers Speech at New York Welcome Dinner

The National Committee was pleased to join with the Economic Club of New York and the US-China Business Council in welcoming Chinese Premier Li Keqiang at a dinner on September 20, 2016, at the Waldorf Astoria in New York. Premier Li delivered a speech on economic issues to an audience of more than 600 business leaders and policy makers. In it, he addressed concerns over China’s openness to foreign investment and business, declaring that the areas of the Chinese economy open to foreign investment “will only increase, and China will open its door even wider. The door will not close.” He added, “Some sectors in the Chinese economy have not become mature ones,” but the process for them to become mature “is also a process for them to further open up.” China’s economy will continue its growth momentum for the remainder of the year, Li said, and agreement on a mutually beneficial Bilateral Investment Treaty would eventually be reached as long as both countries took a strong and pragmatic approach.