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China vows continued high-level opening up and sharing development dividends

by Nigeria Today
May 14, 2024
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China will persist in its efforts to further open up its economy at a high level and share its development dividends with the rest of the world, Vice President Han Zheng said on Monday.

Addressing the opening ceremony of the 3rd Global Trade and Investment Promotion Summit in the Chinese capital, Han emphasized that as the global economy faces numerous challenges, all countries should work together to advance trade and investment liberalization and facilitation.

“We must safeguard the resilience and stability of global supply and industrial chains, so that the size of the economic pie can be enlarged,” Han told the audience of over 750 participants from international organizations, foreign chambers of commerce, global trade promotion bodies, and enterprises.

The vice president called for seizing the opportunities presented by the current technological and industrial revolution, strengthening scientific and technological innovation, and fostering new growth drivers for the global economy.

As the world’s second-largest economy, China has consistently contributed around 30% to global economic growth in recent years, Han noted. He affirmed China’s willingness to share its development opportunities with the world and welcomed companies from across the globe to continue investing in the country.

The Global Trade and Investment Promotion Summit, hosted by the China Council for the Promotion of International Trade, has become an important platform for exchanging ideas and promoting international cooperation since its inception three years ago.

Tags: CHINA

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