MIL-OSI Russia: China’s Vice Chairman Calls for Promoting Transformation of Global Trade and Investment

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

BEIJING, May 22 (Xinhua) — Chinese Vice President Han Zheng on Thursday called for joint efforts to promote the transformation of global trade and investment in the digital and intelligent era.

Han Zheng made the announcement while speaking at the opening ceremony of the 2025 Global Trade and Investment Facilitation Summit in Beijing.

According to him, the widespread use of new industries and technologies, including the digital economy and artificial intelligence, is transforming the landscape of global trade and investment, opening up broad prospects for development.

The Vice President of China called for expanding the innovative application of digital and intelligent technologies to stimulate the recovery and development of the world economy. According to him, it is necessary to jointly promote open cooperation, mutual benefit and win-win, uphold fairness and inclusiveness, and fill the digital and intellectual gaps to create more favorable conditions for international trade and investment cooperation.

Han Zheng also pointed out the need to use digital and intelligent technologies to ensure the stable and smooth operation of global industrial and supply chains.

China is committed to expanding high-level opening-up and promoting high-quality development, providing broad opportunities for enterprises around the world, the vice president stressed.

The Global Trade and Investment Promotion Summit, organized by the China Council for the Promotion of International Trade, was held for the first time in 2022.

This year’s summit focuses on entering the digital and intelligent era and working together for common development. More than 800 people are attending the event, including heads of foreign government departments, international organizations, overseas business associations and world trade promotion organizations, as well as representatives of Chinese and overseas enterprises. –0–

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