At the ASEAN-China-GCC Economic Forum 2025 on Tuesday, Chinese premier Li Qiang urged global leaders to rally around a multilateral trading system with the World Trade Organization (WTO) at its core. In his address, he highlighted the need for a stable and orderly international market environment to weather rising protectionism and unilateral policy shifts.
Against a backdrop of trade tensions and shifting alliances, Li stressed that both the Chinese government and its people have the capability and confidence to keep the "big ship" of the Chinese economy sailing steadily and far. His remarks signaled a commitment by Beijing to expand high-level opening up, aiming to deepen ties not only with ASEAN members but also with members of the Gulf Cooperation Council.
For entrepreneurs and tech enthusiasts, this vision translates into potential new corridors for digital commerce and cross-border collaboration. Travel and tourism sectors from Southeast Asia to the Middle East could benefit from smoother customs processes, while startups seek clearer rules for international investment.
Li called on China, ASEAN and the GCC to work together to remove trade barriers and push back against protectionist trends. By reinforcing the WTO-centered framework, he argued, nations can safeguard predictable market access and foster a more inclusive economic recovery.
This collective approach may be a turning point for global citizens who value open economies, sustainable growth and cross-cultural exchange—laying groundwork for a more interconnected world.
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Chinese premier calls for upholding multilateral trading system
cgtn.com
