BEIJING: Chinese Premier Li Qiang has called for greater mutual opening up among markets and urged countries to avoid politicizing and overstretching the concept of security in economic and trade issues.
Li made the remarks on Tuesday during the “1+10” Dialogue with heads of major international economic organizations, including President of the New Development Bank Dilma Rousseff, President of the World Bank Ajay Banga and International Monetary Fund Managing Director Kristalina Georgieva, in Beijing.
He called on countries to bolster international innovation cooperation and jointly nurture and expand new growth drivers.
The world economy in 2025 has experienced fluctuations, Li said, emphasizing the urgent need to reform and improve global economic governance and uphold the international economic and trade order.
He stressed that openness and cooperation remain the key starting point and an essential pathway for implementing the Global Governance Initiative.
Only through openness and cooperation, the Chinese premier said, can greater space for growth be created, industrial and supply chains be kept stable and unimpeded, and technological and industrial upgrading be accelerated.
Li emphasized that China has always been a firm practitioner and promoter of openness and cooperation, adding that China’s door to opening up will only open wider, and welcomed more foreign companies to explore the Chinese market.
He said China is willing to work with all parties to strengthen a mutually beneficial and win-win international economic and trade framework, promote deeper economic globalization, enhance the authority and effectiveness of multilateral mechanisms, and pool greater strength to advance common development.
China will continue to actively shoulder international responsibilities commensurate with its capabilities, participate constructively in international exchanges and cooperation, provide more public goods, and contribute more to the healthy and stable development of the world economy, the Chinese premier said.
The heads of international economic organizations said China’s economy has maintained steady and solid growth, making a major contribution to global economic expansion over the past year.
China’s 15th Five-Year Plan is highly aligned with international economic and trade growth, and will inject confidence and new momentum into global development, they said.
They noted that China firmly supports multilateralism, supports the development of the Global South, and promotes the building of a community with a shared future for humanity, setting an example for the world.
All parties are willing to strengthen communication and cooperation with China in areas such as trade and investment, green development, artificial intelligence, people’s livelihoods and employment, financial stability, and sustainable development, jointly safeguarding multilateralism and the free trade system and promoting global economic development together, they added.
