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China's Premier Promises Market Opening Amid Global Trade Shifts

11/5/2025

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Summary

Story summary

Li Qiang, Chinese Premier, announced at the China International Import Expo in Shanghai plans to further open China's consumer market to international businesses.
He cited a significant U.S. trade deal and projected the economy would exceed CNY 170 trillion (USD 23.9 trillion) in five years.
He emphasized globalization and mutual cooperation amid a slowing world economy and disputes, urging broader trade and investment liberalization to stabilize global supply chains.

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Story summary

Li Qiang, Chinese Premier, announced at the China International Import Expo in Shanghai plans to further open China's consumer market to international businesses.
He cited a significant U.S. trade deal and projected the economy would exceed CNY 170 trillion (USD 23.9 trillion) in five years.
He emphasized globalization and mutual cooperation amid a slowing world economy and disputes, urging broader trade and investment liberalization to stabilize global supply chains.