Chinese Prime Minister Li Qian spoke at the annual “Samada Boss” event at the 2024 World Economic Forum in Darian, China.
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Tianjin, China – Chinese Prime Minister Li Qiang on Wednesday called on other countries to cooperate in trade despite rising tariffs and other barriers.
“Globalization is not reversed,” he said through an official English translation.
He added that engaging in the international economy is a way of “reshaping rules and order,” and called on the country to follow the “right” path.
Li did not specifically comment on US tensions or the Israeli-Iran conflict. He spoke throughout the opening of the World Economic Forum annual conference in China.
Adam Touse, a professor of history at Columbia University, explains Lee’s comments, describing “reshaping rules and order” as “very interesting.”
What you need is the details of the process rather than focusing on who is setting the “order,” he told CNBC.
In his speech, Li mentioned how more than 30 countries signed the “Treaty on the Establishment of International Mediation Organizations” in Hong Kong last month. He called it the method of using “Eastern Wisdom in Resolving International Disputes.”
Prime Minister Li also maintained a positive view on the Chinese economy during the meeting, saying that authorities will implement measures to make China a “mega-sized consumer powerhouse” in addition to manufacturing.
According to a press release from the forum, Singapore’s Prime Minister Lawrence Wong, Vietnam’s Prime Minister Pham Minh Chin and Ecuadorian President Daniel Novoa Ajin were among the top political leaders attending this year.
JD.com founder and chairman Liu Qiangdong and TCL founder, Chairman Li Dongsheng was one of the attendees of the listing conference.
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Last week, Li met with leaders from Singapore, Vietnam, New Zealand, Ecuador and Kyrgyzstan, according to Chinese state media.
– CNBC’s Victoria Yo contributed to this report.
