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