China deepens high-quality financial development, expands opening-up: He Lifeng
Chinese Vice-Premier He Lifeng told US investment firm Invesco that China is advancing high-quality financial development and expanding high-level opening-up during the 15th Five-Year Plan period. He welcomed continued investment cooperation, while Invesco's CEO expressed confidence in China's econo
Chinese Vice-Premier He Lifeng met with Invesco President and Chief Executive Officer Martin L. Flanagan at the Great Hall of the People in Beijing on 12 November 2026, according to state-run Xinhua News Agency.
He said China's economy is showing strong resilience and vitality, with momentum shifting towards innovation and structure improving. The 15th Five-Year Plan period, he noted, was a key stage for building a financial powerhouse. China is deepening high-quality financial development and expanding high-level financial opening-up, he added.
The vice-premier welcomed enterprises, including Invesco, to deepen investment cooperation with China for mutual benefit, Xinhua reported.
Flanagan was cited by Xinhua as saying he was optimistic about China's economic prospects and that Invesco was keen to further develop its business in the Chinese market and expand practical cooperation.
No further details of the meeting were provided in the brief official account.