Xi Urges Upgrading of Free Trade Agreement With Switzerland

by swisscham in BUSINESS NEWS

Chinese President Xi Jinping on Saturday suggested that negotiations with Switzerland on the upgrading of a Free Trade Agreement should begin as soon as possible.Xi made the remarks when meeting with Swiss President Doris Leuthard, who was in Beijing to attend the Belt and Road Forum for International Cooperation. With the development of bilateral relations since the establishment of China-Switzerland innovative strategic partnership in 2016, the two sides should maintain high-level contact, and seek innovation-driven cooperation and exchanges across the board, Xi said.He urged the two countries to strengthen the alignment of “Made in China 2025” with Switzerland’s Industry 4.0 strategies, enhance cooperation in finance, aviation, culture, winter sports, and work closely on China-Switzerland Year of Tourism in 2017.Noting that Switzerland is a vigorous supporter and participant in the Belt and Road Initiative, Xi said he expects more practical cooperation in key areas.

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