Chinese Premier Li Qiang doubled down on China's commitment to global economic collaboration during his keynote speech at the 7th China International Import Expo (CIIE) in Shanghai. Describing the event as a "mutual commitment between China and the world," he outlined plans to turn China's market into a launchpad for international opportunities.
Key Takeaways from the Speech
Opening Up: China will expand "institutional opening up" by aligning with high-standard global trade rules and upgrading free trade zones.
Zero Tariffs: All goods from least-developed countries will receive zero-tariff treatment.
Global Collaboration: Premier Li emphasized supporting developing nations and safeguarding the WTO-led multilateral trading system.
Why It Matters
With over 200 countries and regions participating, the CIIE has evolved from a "one-way invitation" to a two-way street for trade innovation. Foreign leaders praised the expo as a critical platform for boosting green development and Belt and Road cooperation.
Li reassured the audience that China's economy remains resilient, adding: "The government is capable of promoting steady growth to benefit global development."
Reference(s):
Chinese premier pledges further opening up, cooperation at 7th CIIE
cgtn.com