At a recent symposium in Indonesia, the Chinese premier Li Qiang assured business leaders that the nation is fully prepared to weather external economic shocks and maintain its growth momentum.
Since the beginning of the year, economic recovery has gained traction on the Chinese mainland, with foreign trade demonstrating strong resilience. Representatives from China Energy Investment Corporation, Huawei, SAIC Motor, New Hope Group, Tsingshan Holding Group and TCL Technology Group shared their insights on overseas operations.
Li noted that the international economic and trade order is under severe pressure, marked by deeper fragmentation of supply chains and rising trade barriers. In response, the Chinese mainland has increased counter-cyclical macro policy adjustments, implemented proactive fiscal measures and maintained a moderately loose monetary stance. Authorities are also preparing new, unconventional tools to deploy as circumstances evolve.
Emphasizing confidence in sustained economic improvement, Li pledged stronger policy backing and a favorable environment to support Chinese enterprises as they expand abroad. He highlighted plans to deepen trade cooperation with more partners and to provide timely assistance for overseas development.
Remarking on the robust growth of Chinese firms in Indonesia, Li encouraged them to strengthen their footholds locally and to expand across members of the Association of Southeast Asian Nations. He urged companies to leverage their advantages to explore new markets and to enhance the quality and efficiency of their development.
Beyond business goals, Li called on enterprises to uphold compliance, fulfill social responsibilities and integrate into local communities. He stressed the role of Chinese firms as friendly ambassadors for the Chinese mainland on the global stage.
Enterprise representatives at the event affirmed their commitment to entrepreneurial spirit in the face of global uncertainties. They pledged to expand overseas markets and to boost cooperation in green economy initiatives, connectivity projects and industrial chains to deliver mutual benefit and win-win outcomes.
Reference(s):
China fully prepared for external shocks, premier tells enterprises
cgtn.com
