Premier Li Pledges National Treatment for Foreign Firms
Premier Li Qiang pledged to implement national treatment for foreign firms at a Beijing forum. He rejected protectionism and promised more high-quality imports.
Chinese Premier Li Qiang pledged on Sunday to improve the business environment and fully implement national treatment for foreign enterprises. During his speech at the China Development Forum in Beijing, Li emphasized that opening up and technological progress are essential for creating new markets and solving global economic challenges.
Addressing the international community, the Premier rejected isolationist policies as a solution to modern economic hurdles.
Protectionism is by no means a panacea for solving problems.
Li stated that the nation's competitive advantages are rooted in deepening reform and innovation rather than subsidies or protectionism. He attributed the country's economic strength to the hard work of its people and businesses. To foster balanced trade, the Premier announced plans to increase imports of high-quality foreign goods and expand the global trade pie through international cooperation.
Concluding his address, Li reaffirmed the country's role as a stabilizing force in the global economy.
China is committed to being a cornerstone of certainty and harbour of stability for the world.
