VP Huang Ju meets bankers

Vice Premier Huang Ju told visiting bank excutives that China is increasing reforms in the financial sector and has complied with its WTO commitments. In remarks to Wachovia Corporation CEO Kennedy Thompson, he explained how the Bank of China is undergoing restructuring to implement stricter management and safer transactions, provide sufficient capital reserves and offer quality service to customers. Thompson said that Wachovia is considering ways to increase cooperation with Chinese banks.