Chinese premier delivers keynote speech at China Development Forum 2025 being held in Beijing from March 23 to 24.
Chinese Premier Li Qiang reaffirmed China’s commitment to expanding openness and international cooperation despite increasing global instability and uncertainty.
Delivering a keynote speech at the China Development Forum 2025 in Beijing, Li emphasized that China remains dedicated to welcoming global enterprises, broadening market access, addressing business concerns, and fostering deeper integration of foreign-funded companies into its economy.
He highlighted that as global economic fragmentation intensifies, countries must prioritize market openness and resource-sharing among businesses to overcome challenges and drive shared prosperity.
Li also stressed China’s commitment to upholding free trade and ensuring the stability and efficiency of global industrial and supply chains.
China has set its economic growth target at approximately 5% for 2025. According to Li, this goal reflects a thorough understanding of the nation’s economic fundamentals and a strong belief in its governance capabilities and future potential. He pledged to enhance policy support and leverage market forces to achieve this objective.
To sustain economic stability, China plans to implement more proactive macroeconomic policies, strengthen counter-cyclical adjustments, and introduce additional measures when necessary. These efforts aim to bolster long-term economic growth.
Additionally, the government will accelerate the development of a unified national market and eliminate economic bottlenecks, fostering a more favorable business environment for enterprises.
Li noted that the Chinese economy has shown strong momentum, particularly during the recent Spring Festival period, with new growth drivers emerging across various industries, further strengthening the country’s economic trajectory.
The China Development Forum 2025, held from March 23 to 24, is centered on the theme “Unleashing Development Momentum for Stable Growth of the Global Economy.”
The event brought together approximately 720 participants, including entrepreneurs, government officials, experts, and international organization representatives, and was hosted by the Development Research Center of the State Council.
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