Business & Economy

China will continue opening its doors to the world: Li Keqiang

Beijing, Jul 20 (EFE).- Chinese Premier Li Keqiang said China would continue opening its doors to the world, during a virtual meeting held with World Economic Forum Executive Director Klaus Schwab, state news agency Xinhua reported Wednesday.

Li said in the Tuesday remarks that despite world development facing “many uncertainties and destabilizing factors,” interaction and exchanges between countries “are a shared desire of the peoples.”

“The international community needs to reaffirm trust, safeguard peace and stability, and jointly face challenges with closer dialogue and communication,” the premier said.

Li said China would remain committed “to its fundamental national policy of opening up,” adding that a “deeper cooperation” between China and the forum “will help send the world a positive message of economic growth.”

Li also participated in the Special Virtual Dialogue with Global Business Leaders, where he said “China’s market is also the world market” and that his country would promote “free and fair trade.”

Schwab said the World Economic Forum “stands ready to deepen cooperation with China to promote global dialogue, play a positive role in meeting the climate challenge and promote industrial transformation.”

Li has made constant requests for pragmatism In recent months concerning restrictions to stop Covid-19 outbreaks as Chinese President Xi Jinping insists on maintaining the current zero-tolerance strategy in the country.

Li has recently also said China – the world’s second-largest economy – needs trade, investment and financial exchanges to continue and has promised more openness and support for exporting companies.

Xi participated online in January’s Davos 2022 Agenda and said globalization “has never changed and will not change its course,” in line with his interventions favoring globalization in previous appearances at the forum. EFE

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