Chinese Premier Li Keqiang speaks during a meeting with Klaus Schwab, executive chairman of the World Economic Forum (WEF), via video link at the Great Hall of the People in Beijing, China, July 19, 2022. (ZHANG LING / XINHUA)
BEIJING – China is committed to fostering a market-oriented, world-class business environment governed by a sound legal framework, Chinese Premier Li Keqiang said on Tuesday.
Li made the remarks at the Special Virtual Dialogue with Global Business Leaders hosted by the World Economic Forum.
China will make its COVID control measures more targeted and well-calibrated under the premise of ensuring safety against COVID infections, including steadily improving visa and COVID testing policies, and further resuming and increasing international passenger flights in an orderly way, he said.
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"All international students may return to China to continue their studies should they so wish, and outbound commerce and trade activities and cross-border travel for labor services will be advanced in an orderly fashion.”
In growing trade, frictions and disputes are inevitable. We need to seek common ground and properly handle differences, to keep industrial and supply chains secure and stable.
Li Keqiang, Premier, China
This will promote personnel inter-flow and exchanges and cooperation between China and the world, he added.
With regard to problems that foreign enterprises in China encounter, the competent Chinese departments and agencies have set up a dedicated mechanism to offer services and help resolve their concerns, according to Li.
High-level opening-up
China will unswervingly deepen high-level opening-up and open its door still wider to the world, said Li.
The Chinese economy has been deeply integrated into the global economy, and opening-up is China's fundamental national policy, he said.
Pointing out that China can not develop in isolation from the world, he said the world also needs China for its development.
"China's market is also the world's market. China will continue to pursue all-round opening to both developed and developing countries, work with other parties to uphold the multilateral trading regime with the WTO at its core, and promote free trade and fair trade.”
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“In growing trade, frictions and disputes are inevitable. We need to seek common ground and properly handle differences, to keep industrial and supply chains secure and stable," he added.
Chinese Premier Li Keqiang meets with Executive Chairman of the World Economic Forum, Klaus Schwab, via video link at the Great Hall of the People in Beijing, China, July 19, 2022. (ZHANG LING / XINHUA)
Li meets WEF’s Schwab
While meeting virtually with WEF Executive Chairman Klaus Schwab the same day, the Chinese Premier said cooperation between China and the WEF has traversed a journey of over four decades, almost in tandem with China's reform and opening-up process.
Appreciating the WEF's consistent focus on economic development and stronger cooperation with China, he said deeper cooperation between the two sides will help send to the world a positive message of growing the economy and improving lives.
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Schwab said the WEF has maintained a good partnership with China for more than four decades.
The WEF is ready to deepen cooperation with China to promote global dialogue, leverage the role of the business community, enhance global and regional exchange and cooperation, and play a positive role for meeting the climate challenge, promoting industry transformation and advancing social fairness, he told Li.