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China’s Premier Li Qiang Urges Cooperation to Keep Trade Free from Politics

At the 2024 Summer Davos in Dalian, Chinese Premier Li Qiang called for cooperation to prevent trade from becoming a political or security issue. Emphasizing that globalization remains irreversible, Li encouraged countries to reshape global economic norms collaboratively. He also expressed optimism about China's future as a consumption powerhouse, with significant political and business leaders attending the event.

China’s Premier Li Qiang Urges Cooperation to Keep Trade Free from Politics

Premier Li Stresses Collaboration Amid Global Trade Challenges

At the 2024 World Economic Forum's annual "Summer Davos" in Dalian, Chinese Premier Li Qiang called for increased international cooperation on trade, warning against turning commerce into a political or security battleground. Speaking to a global audience, Li emphasized that "globalization will not be reversed," urging countries to maintain an open, collaborative mindset.

Reshaping Global Economic Norms

Li highlighted that engaging fully in the international economy is key to reshaping existing rules and orders. He advised that nations chart the "right path" to foster sustainable cooperation, underscoring the importance of collective wisdom and dialogue, particularly referencing recent multilateral gatherings involving over 30 countries in Hong Kong.

Neutrality on Specific Conflicts

While he refrained from directly addressing heightened tensions involving the U.S. or escalating Middle Eastern conflicts, Li’s overarching message focused on depoliticizing trade and economic exchanges to prevent further disruption.

Experts Weigh In: A Shift Toward Pluralism

Reflecting on Li’s remarks, academic experts suggest an emerging trend toward a more pluralistic global economic landscape. One historian pointed out the evolving nature of international processes over a singular authoritative "order," suggesting that the future hinges on diverse frameworks working in parallel rather than a one-size-fits-all system.

Optimism for China's Economic Future

Premier Li expressed confidence in China's economic trajectory, pledging to introduce policies aimed at transforming the nation into a mega-sized consumption powerhouse alongside its established manufacturing might. This forward-looking vision aligns with broader initiatives to sustain robust domestic demand while remaining integrated with global markets.

Diverse Leadership Participation and Regional Engagement

Summer Davos drew notable political and business figures, including Singapore’s Prime Minister Lawrence Wong, Vietnam’s Prime Minister Pham Minh Chinh, Ecuadorian President Daniel Noboa Azín, and business leaders such as JD.com’s founder Liu Qiangdong and TCL’s chairman Li Dongsheng.

In the days surrounding the forum, Premier Li held diplomatic meetings with key leaders from Singapore, Vietnam, New Zealand, Ecuador, and Kyrgyzstan, signaling China's commitment to regional partnership and dialogue.

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