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Premier Li Qiang Opens Summer Davos in Tianjin, Stresses Global Economic Cooperation

Chinese Premier Li Qiang emphasized the importance of international collaboration in addressing global economic challenges during his keynote speech at the 16th Annual Meeting of the New Champions, known as Summer Davos, in Tianjin on Wednesday. The event brings together over 1,500 business leaders, policymakers, and innovators from 90 countries and regions to discuss sustainable growth strategies.

"No country can tackle today's interconnected challenges alone," Premier Li stated, highlighting China's commitment to fostering open markets and technological innovation. His address outlined plans to strengthen cross-border partnerships in green energy, digital transformation, and supply chain resilience – key priorities for investors monitoring Asia's $35 trillion economy.

The three-day forum features panel discussions on artificial intelligence governance and climate financing, with particular attention to Southeast Asia's emerging markets. Analysts suggest the meetings could shape regional trade policies ahead of the ASEAN summit in October.

For academic observers, the premier's reaffirmation of China's 5% annual growth target provides crucial data points for assessing Asia's post-pandemic recovery trajectory. Meanwhile, cultural programming at the venue showcases Tianjin's heritage as a gateway between traditional Chinese culture and global exchange.

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