Chinese Vice Premier Meets Canadian Banking CEOs

Chinese Vice Premier Wang Qishan (1st R) meets with William Downe (2nd R), president and Chief Executive Officer of BMO Financial Group, and Donald A. Guloien, president and Chief Executive Officer of Manulife Financial Corporation, in Beijing, capital of China, Oct. 13, 2010. (Xinhua/Li Xueren)

BEIJING, Oct. 13 (Xinhua) -- Chinese Vice Premier Wang Qishan met on Wednesday with two influential Canadians in the financial industry, and promised China would create a fair and transparent investment environment for foreign investors.

"China will steadily proceed with reform and opening-up, and will create fair, equal, transparent and standardized investment environment for foreign companies," Wang said when meeting with President and CEO of the Bank of Montreal (BMO) Financial Group William Downe and President and CEO of the Canada-based Manulife Financial Corporation Donald Guloien.

He also congratulated Downe for opening corporate banking in China this year, and welcomed the holding of board of directors of the Manulife Financial Corporation in China.

The two countries enjoyed broad prospect of economic and trade cooperation, the vice premier said.

The two CEOs said they would continue to expand their business in China and contribute to economic and trade cooperation between the two sides.

Source: Chinaview