Chinese President Meets US Economist

Chinese President Jiang Zemin here Sunday met with Martin Feldstein, president of US National Bureau for Economic Research.

Jiang briefed the guest on China's progress in modernization drive. He particularly mentioned that the Chinese government has made active efforts for the buildup and improvement of a social insurance system for the benefit of the people.

Feldstein spoke highly of China's achievements in reform and opening-up, believing the current development momentum could be maintained in the long run.

Feldstein is here to attend a seminar at the invitation of Beijing University.

(Xinhua 06/24/2001)