Events: Spanish Prime Minister's visit to China to sign one billion purchase of large single thanked Chi
| Event Details:
(Reporter Yan Ying Chuan) is visiting China for Spanish Prime Minister Jose Luis Rodriguez Zapatero in the Spanish Embassy 13 speech that the Spanish companies and Chinese companies signed the same day the total value of € 1 billion agreements.
In his speech, Zapatero to visit is defined as "economic diplomacy", he said, trade between China and Spain, growth is gratifying, and last year, Spain's exports to China grew by 35% in January this year, export growth of 60%. Spain is committed to being an "export-oriented" countries, targeting the emerging economies, especially China. Therefore, "to strengthen economic relations with China is one of Spain's most important economic tasks." Zapatero said, in 13 at a breakfast meeting between China and Spain signed an enterprise agreement 10 billion euros, including a total of 8 agreements, specifically related to finance, wind, helicopters, valve manufacturing and other fields and industries.
European debt crisis, international risk rating agencies Moody's has twice lowered the Spanish sovereign debt rating. Premier Wen Jiabao on the 12th meeting with Zapatero, said the Chinese government reiterated its readiness to continue to buy Spanish bonds, in support of the Spanish savings bank restructuring fund. Zapatero responded by saying that "China's commitment to enhance the confidence of Spain, the Spanish economy is conducive to the stability, recovery and reform, in gratitude for the Chinese government."
China is the Spanish Treasury's long-term investors, since the debt crisis in Europe, the Spanish government bonds held by China from 4% to 12%. He pointed out that "we have experienced difficult times, China's show of confidence in Spain."
Zapatero said the debt crisis response
"To have confidence in us."
Recently, Portugal to the European Union for assistance, the debt crisis in Europe a third victim. Concern whether the affected neighboring Spain. Zapatero said he was confident that the Spanish economy, and has repeatedly reiterated that the Chinese leaders, "to have confidence in us."
Zapatero stressed that this confidence comes from the Spanish economic fundamentals, understanding of financial and economic reform, from the Spanish economic growth in confidence in the potential. He said the Spanish government is implementing measures to reduce the deficit, and paid a heavy price.
Earlier, the IMF said Spain should further reduce the deficit, but Zapatero responded by saying, "Spain did not plan to further reduce the deficit."
Related: China reiterated its willingness to buy Spanish bonds euro dollar exposure that a huge loss of China's foreign reserve
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(Editor: LIU Yu-zhou) |
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