Chinese Premier Li Qiang emphasized China's economic resilience during a high-profile address at the Summer Davos forum in Tianjin, asserting that the nation has maintained stability despite mounting global uncertainties. Speaking at the 16th Annual Meeting of the New Champions, Li highlighted how China's strategic policies have created a bulwark against protectionism and anti-globalization trends.
Growth Amid Global Headwinds
"The international economic landscape faces unprecedented challenges," Li told business leaders, citing rising trade barriers and geopolitical tensions. However, he noted China's economy continues to operate within its "own rhythm," achieving stable growth through domestic innovation and market optimization.
Open Markets, Sustainable Development
The premier reaffirmed China's commitment to globalization, stating multinational corporations remain crucial to the country's development strategy. "Our open-door policy isn't just maintained – it's being enhanced," Li said, pointing to recent reforms that have streamlined foreign investment processes.
Business Confidence Anchor
Analysts view Li's remarks as reassurance to global investors amid slowing growth in other major economies. With China accounting for over 18% of global GDP, its economic stability carries significant weight in international markets. The Tianjin forum saw participation from 1,500 business leaders across 90 countries and regions, underscoring continued international interest in China's market potential.
