China’s Premier Li Qiang said with rising «instability and uncertainty,» it was important for countries to open their markets more.
China assured top multinational executives on Sunday that it’s still open for business, even as it grapples with increasing trade tensions with the US.
Speaking to over 80 executives during the China Development Forum 2025 in Beijing on Sunday, China’s Premier Li Qiang spoke about receiving «unexpected shocks from other countries.»
«Today, global economic fragmentation is intensifying, and instability and uncertainty are on the rise», Li said in his speech.
Li said, at present, it’s «even more important for each of our countries to open up their markets more, and our companies, our businesses, should be sharing their resources more.»
«Decoupling and breaking the chain will only aggravate the crisis, and suppression and containment will ultimately harm everyone», Li said.
Footage of Li’s speech in the Chinese media showed top executives in attendance, including Apple’s CEO Tim Cook, Citadel’s founder Ken Griffin, and Qualcomm’s CEO Cristiano Amon.
