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Foreign Ministry Spokesperson Lu Kang's Regular Press Conference on September 22, 2016
2016/09/22

At the invitation of To Lam, Minister of Public Security of Vietnam, State Councilor and Minister of Public Security Guo Shengkun will travel to Vietnam to host the 5th China-Vietnam Public Security Ministerial Meeting on Cooperation Against Crimes from September 23 to 26.

Q: When talking to some US notables in New York, Premier Li Keqiang said that China has designated a Chinese bank in New York as an RMB clearing bank, and that China also welcomes qualified banks in New York to apply to set up RMB clearing banks. Can you tell us more about this? How will this help the internationalization of the RMB?

A: Premier Li Keqiang made this announcement when attending a welcome banquet hosted by the Economic Club of New York, the National Committee on US-China Relations and the US-China Business Council yesterday (the night before last night local time). Also on yesterday, the People's Bank of China authorized the Bank of China in New York to provide RMB clearing services in the US, a move that will further facilitate the use and cross-border trading of the RMB in the US and mark a milestone in the internationalization of the RMB.

Relevant authorities of China and the US have been working substantially on this. Last September, the two countries reached a series of consensus on strengthening cooperation on RMB transactions. As you all know, the 8th China-US Strategic and Economic Dialogue held in June announced to further increase transaction and clearing capabilities of the RMB in the US.

We notice that the Bank of China has pledged to honor due responsibilities as a clearing bank, step up cooperation with US banks, expand RMB trading and clearing, and increase RMB's capability for foreign exchange transactions . It also promises to enhance cooperation with market institutions including stock exchanges, develop RMB bonds and derivatives that meet market demand and build a financial bridge for economy, trade and investment connecting the two countries.

Q: UN Secretary-General Ban Ki-moon reportedly said on September 21 that up to 60 countries have deposited their instruments of ratification for the Paris Agreement, and he is confident that the Agreement will have entered into force by the end of 2016. Do you have any comment on this?

A: Climate change is a common challenge faced by mankind and concerted efforts from the international community are required to tackle it. The Paris Agreement forged at the end of last year charts the course for future global efforts against climate change.

As a responsible developing country, China has taken an active part in the multilateral process of combating climate change and made major contribution to reaching the Agreement. Not long ago, China ratified the Agreement and made a new solemn commitment. We welcome more countries to join the Agreement and make tangible moves to make the Agreement take effect at an early date.

China stands ready for more communication and cooperation with all parties to push for the early implementation of the Agreement, proceed with follow-up negotiations and move forward the international endeavor against climate change.

Q: We notice that riots in Kinshasa, capital city of Democratic Republic of Congo, has been deteriorating, leaving numbers of people dead and injured and some Chinese shops looted. The UN Security Council had a discussion on the situation in Kinshasa yesterday. What's your comment? Has China issued safety alerts on this country?

A: China has noted the situation in the Democratic Republic of Congo and welcomes political forces to push for a national inclusive political dialogue. We support parties concerned in the country in raising their voices and resolving disputes through dialogue and consultation in a peaceful way and jointly upholding the hard-won peace and stability of the country.

Some Chinese shops were looted and some Chinese citizens were stranded in the recent riots that occurred in Kinshasa. We are highly concerned about this, and have asked the Congo government to bring the perpetrators accountable and take effective measures to protect the life and property as well as the legitimate rights and interests of Chinese citizens and companies there. The Chinese Embassy in the Democratic Republic of Congo has cooperated with local police to rescue the stranded, who are now safe and sound.

The Foreign Ministry and the Chinese Embassy in the Democratic Republic of Congo have issued safety warnings, suggesting that Chinese citizens be cautious about any trip to this country and Chinese citizens already there be an a higher alert and transfer to safe areas as soon as possible.

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