During his visit to Germany, Chinese Premier Li Qiang said that “risk reduction” decisions should be made by companies rather than governments.
During a trip to Germany to stabilize ties with Europe’s economic power, Chinese Premier Li Qiang called for “risk-reducing” decisions to be made by corporations rather than governments.
According to the official Xinhua News Agency, Li told representatives of about a dozen German companies in Berlin on Monday, “Businesses have the most direct and harsh perception of risk and know how to avoid and deal with them. Therefore, businesses should be given a leadership role in preventing risks.” said.
The Chinese premier added that risk prevention and cooperation “are not mutually exclusive,” according to the report.
Representatives of companies including Siemens Ltd, Volkswagen AG, Mercedes-Benz Group AG, BMW AG, Schaeffler AG, BASF SE, Covestro AG, Wacker Chemie AG, Merck KGaA, SAP and Allianz SE attended the meeting.