In a major push to strengthen global economic ties, Chinese Premier Li Qiang announced plans to stabilize international industrial and supply chains at a high-profile symposium in Beijing. The event brought together tech giants like Apple, mining leader Rio Tinto, and battery innovator Contemporary Amperex Technology, alongside groups such as the US-China Business Council.
A Bridge for Global Commerce
Premier Li emphasized China's commitment to being the 'glue' that holds global trade together, calling protectionist policies 'speed bumps' in the world's economic highway. 🔌 'When supply chains flow smoothly, everyone wins—from factory floors to smartphone stores,' he stated, addressing concerns about rising corporate costs and trade barriers.
Corporate Confidence in China
Foreign companies at the event revealed plans to expand investments in China, with attendees citing the market's 'Netflix-level growth potential.' 📈 The premier highlighted China's upcoming initiatives, including:
- Accelerating modern industrial systems
- Fostering tech-industry innovation hubs
- Expanding market access like an 'always-open VIP lounge'
The Bigger Picture
With the second China International Supply Chain Expo approaching, this move signals China's ambition to be the ultimate team player in global trade. As Premier Li put it: 'Better chains mean stronger gains—for every link in the system.' 🔗
The announcement comes as countries worldwide grapple with pandemic-era supply chain whiplash and new tech rivalries. China's pledge? To keep the world's economic bloodstream pumping—no buffering allowed. 🚀
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China pledges to ensure stability of global industrial, supply chains
cgtn.com