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Economy

China vows to open wider, provide more conveniences for businesses

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2020-09-17 19:33:05CGTN Editor : Feng Shuang ECNS App Download

China has pledged to provide more conveniences for personnel exchange, business operations and international trade to defend multilateralism and free trade, said a Chinese Foreign Ministry spokesperson on Thursday when asked about Chinese Premier Li Keqiang's remarks at the World Economic Forum.

On Tuesday, Li attended the Special Virtual Dialogue with Global Business Leaders hosted by the World Economic Forum, with more than 500 business leaders attending, during which Li reiterated China's determination to opening-up and reinvigorating the world economy.

The ministry's spokesperson, Wang Wenbin, gave further details on Li's speech. According to Wang, the remarks gave confidence to the world by showing China's consistent stance on global economic and trade cooperation.

"No matter how the external environment evolves, China is ready to open wider to the world under the new economic development pattern of 'dual circulation,' of which the domestic market is the mainstay while the domestic and foreign markets work to boost each other," Wang said, citing Li.

"The Chinese economy has been deeply integrated into the global economy. China cannot develop in isolation from the rest of the world, and the world needs China for further development," said Wang.

Regarding the COVID-19 outbreak, the spokesperson said joint efforts are necessary to defeat the disease and inject impetus into the world economy.

At the forum, Li also announced that China is set to achieve its main annual targets and register positive GDP growth in 2020. Echoing Li's remarks, Wang stressed the importance of free trade and investment facilitation.

He pledged that China will further ease its market access while create an open and fair business environment for all enterprises from home and abroad.

China will provide more conveniences for international business operation by setting up more green channels for personnel exchange and customs clearance, Wang said.

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