Premier Li promotes global business ties at Summer Davos as he attended a symposium during Summer Davos 2025.
Chinese Premier Li Qiang participated in a symposium during the 16th Annual Meeting of the New Champions, known as Summer Davos, held in Tianjin. He engaged in discussions with global business leaders and entrepreneurs.
After listening to the participants, Li pointed out that the global landscape is undergoing profound and complex changes, which are creating major challenges for the world economy.
The event brought together around 160 business representatives from over 30 countries and regions.
Li emphasized that China’s stable economic growth has been supported not only by sound macroeconomic policies and a strong foundation but also by the dynamic role of market forces and enterprises, including significant input from foreign-funded businesses.
He highlighted that China continues to offer a broad and promising platform for the development of foreign-invested enterprises.
Addressing the uncertain global environment, Li stressed the importance of staying adaptable and proactively responding to risks and challenges in order to foster a favorable climate for business development.
Amid global industrial chain restructuring, Li underlined the need for improved quality and efficiency in industrial supply structures, noting China’s strong and constantly evolving industrial and supply chain capabilities.
He also pointed to China’s rapid adoption of new technologies and strong capacity for innovation, supported by a vast consumer base that enables close interaction between tech advancement and industrial growth.
Li encouraged international businesses to explore the significant opportunities for technological cooperation and innovation within China.
Stressing the value of a stable business environment, Li said China’s economic resilience allows it to manage external shocks while maintaining consistent growth. This resilience is reinforced by China’s steady commitment to further opening up and supporting multinational enterprises.
He expressed hope that companies from around the world will bring more high-quality products and services to the Chinese market, deepen cooperation with Chinese firms, and collectively enhance technological innovation and industrial competitiveness.
Li reaffirmed China’s ongoing openness to foreign investment and support for global businesses.
Business representatives responded positively, expressing strong confidence in China’s economic trajectory and commitment to openness. They pledged to boost investment in innovation and ensure stable industrial and supply chains as they integrate into China’s high-quality development path.
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