Premier Li Keqiang returned to Beijing on Jan 23 after attending the World Economic Forum annual meeting in Davos - concluding a successful visit to Switzerland.
After ditching its euro cap, Switzerland courted the yuan with renewed vigor as it signed key financial deals with China on Wednesday.
In the seven months since the free trade agreement between Switzerland and China came into force, it has greatly helped to accelerate business collaboration between the two countries.
China will give Switzerland an investment quota of 50 billion yuan to support the establishment of the Zurich offshore renminbi market.
China and Switzerland are poised to sign a financial deal on Wednesday to pave the way for the establishment of an offshore renminbi market in Zurich.
Premier Li Keqiang's presence at the World Economic Forum's 45th Annual Meeting will surely strengthen the international community's confidence in China's economic outlook, Wu Hailong, ambassador to the United Nations Office in Geneva, Switzerland, told Xinhua News Agency in a recent interview.
Premier Li is expected to demonstrate active engagement in international affairs and a strong resolve for deeper economic reforms at Davos.
Chinese Premier Li Keqiang arrived in Germany Saturday after wrapping up a fruitful visit to Switzerland, which has far-reaching influences.
Chinese Premier Li Keqiang on Saturday stressed the significance of innovation and called for more technological cooperation between enterprises.
The financial shockwaves from the Swiss franc's staggering ascent, one of the most acute moves in decades by a major currency, have hit firms around the world, with at least two brokerages going out of business.
US currency demand increases after euro cap abandoned
The stronger franc will cut sales in China of two well-known symbols of luxury from Switzerland - watches and chocolates, analysts say.
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