China will continue to take concrete actions to ensure stable and unimpeded global industrial and supply chains, Chinese Premier Li Qiang said Monday.
Li made the remarks while attending a symposium with representatives of enterprises and organizations participating in the upcoming second China International Supply Chain Expo (CISCE), which is to take place from Tuesday to Saturday in Beijing.
The representatives all agreed that China's economy retains a sound momentum of stable growth with continued vitality for innovation and a better business environment.
Expressing full confidence in the Chinese economy, they said foreign enterprises stand ready to expand investment and seek greater development in China.
After listening to the attendees' speeches, Li said that with the deepening of economic globalization in the past few decades, the global industrial and supply chains have gradually expanded, contributing to the rapid growth of the world economy and delivering benefits to all parties.
All this speaks volumes about the fact that division of labor and coordination among parties is the inevitable choice for social development, that efficient economic circulation depends on the smooth flow of production factors, and that isolation leads to nowhere but openness is the right way forward, said the premier.
At a time when the world economy grows at a sluggish pace, Li said, it is all the more important to recognize how vital the global industrial and supply chains are to the world economy.
Li urged efforts to build a broad consensus on strengthening cooperation in industrial and supply chains, oppose decoupling and disruption of industrial and supply chains in all forms, and ensure the global industrial and supply chains remain stable and unimpeded.
Noting that China is a crucial link in the global industrial and supply chains, the premier said the Chinese economy has been on a generally steady, sound and upward trajectory this year.
He pledged continued efforts to strengthen counter-cyclical adjustments, foster new growth drivers, accelerate the development of a modern industrial system, and advance high-standard opening up, so that China can make greater contribution to deepening cooperation in global industrial and supply chains and promoting world economic recovery.
Li said he hopes enterprises will resolutely defend and actively build up the global industrial and supply chains, continued their firm support for economic globalization, and make greater cooperative efforts in innovating industrial and supply chains and in green transition, so as to make the global industrial and supply chains more dynamic, resilient, and efficient.
China pledges to ensure stability of global industrial, supply chains
China pledges to ensure stability of global industrial, supply chains
