Chinese Premier Li Qiang reaffirmed China's commitment to global economic integration during his keynote address at the eighth China International Import Expo (CIIE) in Shanghai on Wednesday. The speech outlined Beijing's vision for trade stability, market accessibility, and collaborative development amid global uncertainties.
CIIE: Gateway to China's Consumer Power
Li described the expo as an 'estuary' connecting global commerce to China's vast domestic market, with record exhibitor participation underscoring international confidence. 'This year's CIIE demonstrates the vitality of China's super-sized market and our readiness to share opportunities,' he stated, positioning the event as a critical platform for multinational engagement.
Three Pillars for Trade Stability
The premier outlined principles for safeguarding global commerce:
Prioritizing mutual benefit through free trade cooperation
Upholding international fairness and justice through shared responsibility
Reforming WTO-centered governance systems via China's Global Governance Initiative
'We must resolve contradictions through development, not confrontation,' Li emphasized, calling for collective action against economic fragmentation.
Modernization Through Strategic Openness
Li linked China's development strategy to recent Communist Party Central Committee decisions, stressing 'two certainties' – sustained economic growth and institutional opening. Plans include expanding service sector reforms and maintaining high-standard openness to 'inject stability into the world economy.' The premier concluded that China's modernization drive would create shared opportunities through upgraded industrial capabilities and consumption markets.
