On the afternoon of May 14, 2017, Premier Li Keqiang met at the Great Hall of the People with Managing Director Christine Lagarde of the International Monetary Fund (IMF), who was in China for the Belt and Road Forum for International Cooperation.

Li Keqiang made positive comments on the IMF's attention to and support for the development as well as transformation and upgrading of China's economy. He expressed the willingness to work with all parties including the IMF to strengthen communication and coordination in policy, to promote economic globalization, trade and investment liberalization and facilitation, and multilateral cooperation, so as to push forward the global economy on a track of stable development.

Li Keqiang pointed out that the Chinese Government will continue to implement the prudent monetary policy, take financial risk prevention and control as a priority, and keep balance in maintaining financial stability, de-leveraging in a gradual manner and stabilizing economic growth. We are able to maintain the stability of Chinese financial markets, and prevent regional or systematic financial crisis from happening. China will continue to implement the managed floating exchange rate regime based on the market supply and demand, so that the RMB exchange rate can be kept basically stable at a reasonable and balanced level.

Christine Lagarde said that China’s economic growth enjoys an inspiring momentum, which provides strong support for international economic cooperation and the multilateral trade system. The IMF is delighted to see that China's financial system has a solid foundation and the prudential supervision is effective and proper. The IMF is willing to continue to enhance communication and cooperation with China.

State Councilor Yang Jing attended the meeting.