Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
TIANJIN, June 25 (Xinhua) — Chinese Premier Li Qiang attended a symposium with industry and business leaders at the 16th annual meeting of emerging global leaders of the World Economic Forum, also known as “Summer Davos,” in north China’s Tianjin Municipality.
After listening to the speeches, Li Qiang noted that the current international situation is undergoing profound and complex changes, creating serious challenges for the economic development of all countries.
The symposium was attended by about 160 business representatives from more than 30 countries and regions.
As the head of the Chinese government stated, the Chinese economy maintains the dynamics of stable growth, which is due not only to steadily improving basic indicators and active macroeconomic policy, but also to increased attention to the use of the potential of the market and enterprises. Companies with foreign capital also make an important contribution to this, Li Qiang added.
China, the Premier of the State Council continued, offers broad opportunities for the development of enterprises with foreign capital.
Li Qiang pointed out that in a chaotic and unstable world, it is necessary to act in accordance with the trends of the times, actively and effectively confront various challenges and uncertainties, and create a favorable environment for the development of enterprises.
Against the backdrop of the profound restructuring of the global industrial chain architecture, the quality and efficiency of the industrial complex are particularly important, the Premier of the State Council noted. He added that China has strong industrial complex potential, and its industrial and supply chains are constantly being optimized.
Stressing the importance of the speed of industrial adoption of new technologies and the capacity for incremental technological upgrading, Li Qiang pointed to China’s large initial user base of various products and services, which facilitates effective interaction between scientific and technological innovation and industrial innovation.
The Premier stressed that there is ample space and great opportunities for foreign enterprises to participate in scientific and technological cooperation and joint innovation in China.
Noting that a stable environment for business development is of utmost importance, Li Qiang said that China’s economy has demonstrated stability that can withstand external shocks and maintain its own momentum. This stability, he added, is also reflected in China’s unwavering commitment to opening up, allowing multinational enterprises to achieve greater success and make greater progress in China.
The Premier expressed the hope that enterprises from various countries will supply more high-quality products and services to the Chinese market, strengthen scientific, technological and industrial cooperation with Chinese companies, more effectively match supply and demand for mutual benefit and win-win results, and jointly promote technological progress and enhance industrial competitiveness.
The Chinese side will, as before, encourage foreign enterprises to invest in China and establish business here, the head of the Chinese government assured.
The symposium participants stressed that they remain confident in China’s economic prospects and open cooperation. They expressed their willingness to increase investment in scientific and technological innovation and ensure the smooth operation of industrial and supply chains, thereby achieving greater progress for enterprises in integrating into China’s high-quality development. –0–