China's Premier Li emphasizes economic opening up and warns against conflicts in Asia.

1 min read
Source: Reuters
China's Premier Li emphasizes economic opening up and warns against conflicts in Asia.
Photo: Reuters
TL;DR Summary

Premier Li Qiang said that China is committed to opening up its economy and implementing reforms to stimulate growth, despite geopolitical tensions with the US and its allies. He also stated that China would introduce new measures to expand market access and optimize the business environment. Li's comments were made at an international business summit in Hainan, alongside the prime ministers of Malaysia, Singapore, and Spain. China has set a modest target of 5% GDP growth this year, and Li said there were signs of a recovery taking hold.

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