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Prime Minister Rõivas met with the President and the Minister of Finance of China
Prime Minister Rõivas met with the President of China
Prime Minister Taavi Rõivas met with
the President Xi Jinping and with Minister of Finance Lou Jiwei in
Beijing today within the framework of his visit to China.
The meeting with President of the People’s Republic of China Xi
Jinping focused on economic relations and opportunities to boost
cooperation between Europe and Asia.
After this, Rõivas met with Minister of Finance of China with whom he
discussed specific cooperation projects in the field of energy and the
economic environment of Estonia.
At the request of the Minister of Finance, Rõivas introduced the
cooperation projects of Estonian companies in China and the joint
projects of the companies of the two countries in third countries. For
example, Eesti Energia discusses funding opportunities for the power
plant project based on Enefit oil shale technology in Jordan with the
biggest banks of China.
Although the meeting lasted longer than initially planned, Lou also
felt a lively interest in Estonia’s financial policy, financing of the
social system, and reform experience. They also discussed the reforms
that ensured the success of the Estonian tax system. At the meeting,
Rõivas also invited the Minister of Finance to Estonia and Lou accepted
In 2010, Forbes mentioned Minister of Finance Lou Jiwei in the list
of 30 most influential people in the world. Lou has also been the head
of China Investment Corporation with its assets amounting to
approximately 650 billion dollars.