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China pledges more balanced trade and further opening of the economy after record surplus
Premier Li Qiang vowed to fully treat foreign firms equally and increase imports of quality goods to ease trade tensions and support a $1.2 trillion surplus in 2025.
- Chinese Premier Li Qiang opened the China Development Forum 2026, Beijing, urging further opening-up and saying protectionism is no solution in front of leaders including Apple CEO Tim Cook.
- This month, official data showed China's trade surged by a fifth in the first two months of the year as Beijing boosts consumption to steady the post-pandemic economy.
- Li told Chinese officials and global business executives that China will fully implement national treatment for foreign-invested enterprises, import more high-quality foreign goods, and tackle 'involutionary' competition through innovation-driven development.
- Amid global uncertainty, China pledged that it will be a 'cornerstone of certainty' and a 'harbor of stability', with stronger coordination to secure global industrial and supply chains.
- Against a tense geopolitical backdrop, the China Development Forum convenes as the Middle East war rages and after the trade war with Washington last year, highlighting challenges for the 15th Five-Year Plan .
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66 Articles
China pledges more balanced trade and further opening of the economy after record surplus
Chinese Premier Li Qiang pledged on Sunday to further open the country’s economy to foreign firms and pursue more balanced trade with its global partners, after a year marked by trade friction and tariff wars with the United States and European Union in particular. China will import more high-quality foreign goods and work with all parties to promote optimised and balanced trade development and expand the global trade pie, Li told the China Deve…
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Coverage Details
Total News Sources66
Leaning Left9Leaning Right11Center19Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 23%
C 49%
R 28%
Factuality
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