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China to stay open ‘no matter what’, Premier Li Qiang tells global CEOs in ‘first class business environment’ pledge

  • China will continue to drive global economic growth and provide a huge market for foreign businesses, Premier Li Qiang tells annual Beijing forum
  • Li next travels to Hainan for the Boao Forum, after his tour of Hunan province and southern tech hub Shenzhen last week

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Premier Li Qiang addressed foreign business leaders, politicians and researchers at the annual China Development Forum in Beijing. Photo: Kyodo
China will remain open “no matter what happens” and maintain steady economic growth, Premier Li Qiang told CEOs of multinational companies at a business conference in Beijing on Monday.
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Li’s pledge came as the Chinese foreign ministry confirmed that the new premier would address the Boao Forum in Hainan later this week, days after his tour of Hunan province and southern tech hub Shenzhen.

Addressing foreign business leaders, politicians and researchers at the annual China Development Forum in the capital, Li emphasised that China was deeply integrated with the global supply chain and would continue to drive the world’s economic growth as well as provide a huge market for foreign businesses.

“We will align with international economic and trade rules that are of very high standards, expand our opening-up in a steady and systematic way, and strive to create a first-class business environment that is market-oriented, rule-of-law- based and internationalised,” he said.

“No matter how the international situation changes, China will unswervingly keep expanding our opening up.”

With the global economy facing a difficult period marked by complicated factors and volatility, dealing with the challenges would require confidence and the steadying of public expectations, Li told the forum on its closing day.

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