Chinese vice premier meets former U.S. Treasury secretary

Chinese Vice Premier He Lifeng met with former U.S. Secretary of the Treasury Timothy Geithner, now chairman of Warburg Pincus on Thursday in Beijing.

China will continue to open up to the outside world at a high level, improve the business environment that is market-oriented, law-based and internationalized, and welcomes Warburg Pincus to participate in China's capital market construction and share development opportunities, He said.

The company has been in China for 30 years and is the earliest global asset management and investment company in China. The two sides exchanged views on China-U.S. relations, China's economy, capital markets, and other topics.