Chinese Premier Li Qiang reaffirmed the resilience of the Chinese economy during a meeting with representatives of Chinese enterprises in Brazil on Tuesday, emphasizing its capacity to withstand external shocks and sustain long-term growth. The remarks come amid rising global economic uncertainties and trade barriers.
Li highlighted that China’s economy has maintained 'positive momentum' since the start of the year, driven by domestic demand and innovation. He praised Chinese companies operating overseas—including Bank of China, Great Wall Motor, and COFCO—for enhancing their global competitiveness and contributing to domestic economic growth.
'The government will strengthen mechanisms for economic cooperation and provide better policy support in finance, credit insurance, and security to facilitate enterprise development,' Li stated. He urged businesses to adapt to technological revolutions and industrial transformations while deepening local market integration in regions like Latin America.
Participants at the meeting, spanning sectors such as energy, agriculture, and tech innovation, pledged to expand their global presence responsibly. They emphasized compliance with local laws, cultural practices, and social responsibilities to uphold China’s international image.
Li’s address underscores Beijing’s commitment to bolstering cross-border trade ties, particularly with Brazil and other Latin American countries, as part of broader efforts to navigate a shifting global economic landscape.
