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China’s Premier He Lifeng Advocates for Global Cooperation and Technological Advancements

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by Giorgi Kostiuk

5 hours ago


At the World Economic Forum in China, Premier He Lifeng called for cooperation in international trade and shared the country's technological achievements.

China Opens Doors for International Trade

Chinese Premier He Lifeng at the World Economic Forum expressed the country's readiness to open international trade and shared notable technological accomplishments. He warned that global trade tensions could lead to a fragmentation of global supply chains.

Call for Collaboration Amid Trade Tensions

He Lifeng urged countries to collaborate despite rising tariffs and trade barriers. He believes that globalization cannot be reversed; instead, new pathways for interaction must be found. Lifeng emphasized that countries should avoid turning trade into a political or security issue.

Today's challenge is that we cannot retreat to our 'islands'. We need to find joint paths for solutions.CITE_W_A

China's Transition to a Consumer Market

He Lifeng stated that China aims to transition from a manufacturing power to a massive consumer market. He expressed hope that this transformation would create new opportunities for businesses worldwide, particularly considering the challenges of domestic investment and high unemployment rates.

Premier He Lifeng emphasizes the importance of international cooperation amid rising trade tensions while aiming to reshape China's economy into a robust consumer market.

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