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China welcomes new energy cooperation with multinationals

(Xinhua)
Updated: 2009-03-18 22:06

BEIJING - Vice Premier Li Keqiang said Wednesday that China welcomed expanded cooperation with multinationals to develop new energy sources.

Li made the remarks when meeting with Charles Holliday, chairman of the board of US-based chemical company DuPont.

"China has taken measures to cope with the impact of the international economic situation," Li said.

Li said China hoped DuPont and other multinationals would take the opportunity to increase investment in China and expand cooperation in new energy and other areas.

"I hope this will achieve a win-win result," he said.

Holliday said DuPont was confident about China's economy and its business development in the country. DuPont would continue increasing investment and cooperation with China, he said.

DuPont entered the Chinese market 26 years ago and has set up 39 companies in China.