By South China Morning Post | Created at 2024-11-05 03:41:28 | Updated at 2024-11-05 05:45:25
2 hours ago
A wider opening of China would allow the country to play a stabilising role in a slowing global economy, Premier Li Qiang told international business leaders in Shanghai on Tuesday, while pledging to import more goods from trading partners.
Speaking to more than 1,000 government officials and company executives at the start of the China International Import Expo (CIIE), Li said that “concerted efforts” are needed to overcome the country’s difficulties and improve its economic outlook.
“China will further open up its supersized market and take strong measures to share opportunities with other countries,” he said. “We have the ability to drive the growth of our economy. China is making contributions [to the global economy] in its own way.”
In a keynote speech following Li’s address, Malaysian Prime Minister Anwar Ibrahim called for a “departure of condescending and unfair trade practices” and called on leaders to look for mutually beneficial economic trade.
“Asean has the potential to be a driving force for inclusive economic growth and shared prosperity,” Anwar said. “When everyone adds wood, the fire dances higher”, he added, referring to a Chinese idiom that calls for unity and collective action.
