China's Premier Li Qiang has outlined the nation's commitment to promoting high-quality development, emphasizing the importance of expanding openness and creating opportunities for global cooperation. Despite ongoing challenges, China remains confident in its economic resilience and potential, and is implementing policies to address growth obstacles.
Li highlighted the government's efforts to bolster economic growth, including expanding domestic demand, promoting a unified national market, and driving innovation in traditional and emerging industries. He also emphasized the need for prudent risk management to ensure long-term economic stability.
China's deep integration with the global economy was acknowledged, and the premier pledged to foster a world-class business environment governed by sound legal principles. The opening ceremony of the China Development Forum 2024 was attended by prominent figures from international organizations, business leaders, and government officials.
Foreign executives expressed confidence in China's economic prospects and highlighted the nation's role as a major contributor to global growth. They emphasized the potential for foreign companies to support China's economic transformation through collaboration in areas such as decarbonization, automation, and digitalization.
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