Global business leaders welcome China's message of openness and cooperation

Premier Li Qiang's remarks at the Summer Davos Forum have offered clarity and confidence in an uncertain world, global business leaders said after listening to his speech in Tianjin on Wednesday.

Li delivered a keynote speech at the opening ceremony of the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF), or the Summer Davos Forum, sending a strong signal of China's commitment to openness and global cooperation.

The WEF President Borge Brende said Premier Li's speech sent out strong messages in the current global situation.

"Premier Li underlined the importance of win-win approach both to trade but also on economy, underlined also that China is still growing at a good pace, and also welcomed the investment in China. So, that was a strong message I think in the current global situation," he said.

China's stable environment has boosted confidence for global traders and investors. Business leaders said Premier Li's speech was inspiring.

"He did highlight the stability of the China market. If you compare to many of the other countries in the world, probably China provides the most stable environment here. And he highlights the openness, the consistency of the policies and also the openness of the China market to the rest of the multinational companies. So, it gave us a lot of inspiration and also confidence about the market here. So, [it was] fairly impressive," said Samantha Zhu, Chairperson of Accenture Greater China.

"The key message, they feel that the best way forward is to trade with each other, so we get to know each other, and everything can be resolved at the table," said Hussain Dawood, Chairman of Engro Holdings.

In his speech, Premier Li called on the international community to take constructive actions in carrying out international economic and trade cooperation. China is willing to do whatever it takes to help tackle the difficulties and challenges facing the global economy, Li said.

"The message sent out by Premier Li this morning has been very very positive. He emphasized the resilience of the Chinese economy and also the importance and benefits that different countries and different economies can benefit from globalization," said Liu Qiao, dean, Guanghua Management School, Beijing University.

The meeting, running from June 24 to 26, brings together over 1,700 leading figures from more than 90 countries and regions to explore how entrepreneurship and emerging technologies can unlock more dynamic and resilient economies.

Global business leaders welcome China's message of openness and cooperation

Global business leaders welcome China's message of openness and cooperation

Chinese Vice Premier Ding Xuexiang called for enhanced bilateral cooperation and friendship with Singapore when he met with Singaporean Deputy Prime Minister Gan Kim Yong in southwest China's Chongqing Municipality on Monday.

Ding, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, said that the long-term and stable development of China-Singapore relations has benefited from the strategic guidance of the leaders of both countries, who have upheld the correct political direction.

The two sides should continue to enhance mutual trust, respect each other's core interests, and ensure the steady and sustained progress of their friendly relations and mutually beneficial cooperation, he said.

Gan said that Singapore highly values its relations with China, firmly upholds the one-China principle, opposes the secessionist forces in Taiwan, and is willing to maintain close exchanges with China at all levels to promote greater development of bilateral relations.

Ding and Gan co-chaired four China-Singapore mechanism meetings on bilateral cooperation, namely, the 21st meeting of the China-Singapore Joint Council for Bilateral Cooperation, the 26th meeting of the China-Singapore Suzhou Industrial Park Joint Steering Council, the 17th meeting of the China-Singapore Tianjin Eco-City Joint Steering Council, and the ninth meeting of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity Joint Steering Council.

They comprehensively reviewed and summarized the progress of practical cooperation between the two countries, clarifying the direction and priorities for cooperation in the next stage.

Both sides agreed to deepen the alignment of development plans, promote the upgrading of major projects, cultivate and strengthen new quality productive forces, jointly safeguard the multilateral trading system, and better promote the development of both countries and the prosperity and stability of the region.

Following the meetings, Ding and Gan witnessed together the exhibition of achievements in China-Singapore cooperation, and attended the launching ceremony of two freight trains under the China-Singapore Multi-modal Demonstration Project. They also visited the comprehensive exhibition hall of China-Singapore interconnectivity projects and Chongqing digital city operation and governance center.

At the invitation of Ding, Gan is on a visit to China from December 15 to 16.

Chinese vice premier calls for enhanced cooperation with Singapore