Li Keqiang Attended Special Dialogue n Global Entrepreneurs of World Economic Forum
2022-07-21 14:20

Xinhua News Agency, Beijing, July 20 (Xinhua) Premier Li attended the World Economic Forum's special video dialogue on global entrepreneurs in the Great Hall of the People on the evening of 19th, delivered a speech and interacted with entrepreneurs' representatives. President Schwab of the World Economic Forum presided over and nearly 400 entrepreneurs from more than 50 countries attended.

 

Li said that the current international and regional situation has undergone profound and complex evolution, and various challenges and uncertain factors have obviously increased. President   pointed out in his speech at the video conference of this year's World Economic Forum that China will unswervingly push forward reform and opening up. A peaceful and stable environment is the prerequisite for development. China is willing to work with all parties to safeguard the international system with the United Nations as the core, practice multilateralism and join hands to protect world peace and tranquility. Promoting the steady growth of the world economy is a common and urgent task for all parties. Countries should strengthen macroeconomic policy coordination, ensure the stable supply of food and energy, and maintain the safe and smooth supply chain of the industrial chain. It is necessary to strengthen unity and cooperation, firmly safeguard and promote economic globalization, deepen bilateral and multilateral international cooperation, and promote inclusive and sustainable development. 

On the evening of July 19th, Premier Li attended the special video dialogue on global entrepreneurs of the World Economic Forum at the Great Hall of the People, delivered a speech and interacted with entrepreneurs' representatives. President Schwab of the World Economic Forum presided over and nearly 400 entrepreneurs from more than 50 countries attended. Photo by Xinhua News Agency reporter Zhai Jianlan

 

Introducing the Chinese economic situation, Li said that in the second quarter of this year, due to the impact of a new round of epidemic and other unexpected factors, the downward pressure on the economy suddenly increased, and the main indicators fell deeply in April. We responded decisively and adjusted in time. Put steady growth in a more prominent position, insist on not engaging in "flood irrigation", push forward the original policy, and introduce and implement 33 packages of policies and measures to stabilize the economy. In May, the decline of main economic indicators slowed down, and in June, the economy stabilized and rebounded rapidly, turning from negative to positive. The surveyed unemployment rate in cities and towns dropped significantly, driving the economy to achieve positive growth in the second quarter. We are also soberly aware that the foundation of economic recovery is still not solid, and it still needs hard work to stabilize the economic market.

 

Li emphasized that as the largest developing country in the world, China has great development potential. We will fully implement the new development concept, efficiently coordinate epidemic prevention and control and economic and social development, mobilize the enthusiasm of all parties, insist that development is the foundation and key to solve all problems in China, and push the economic operation back to normal track as soon as possible. The economy is running in a reasonable range, and the main support is stable employment and stable prices. Since 2020, the policies we have implemented in response to major shocks such as COVID-19 pandemic are reasonable in scale, without "flood irrigation", which also creates conditions for preventing inflation. This year, the summer grain production increased and harvested, reaching a record high. The autumn grain production momentum was good, and the coal and electricity supply were stable, which laid a foundation for the smooth operation of domestic prices and was also conducive to the stability of the global grain and energy market. There are more than 160 million market players in China, and the people are hardworking and intelligent, which is the greatest resilience and confidence of economic development. In recent years, we have implemented macro policies directly to the needs of market players, stabilized employment and increased residents' income by stabilizing market players. We will maintain the continuity and pertinence of macro policies, and continue to make efforts to help market players relieve difficulties and retain the "green hills" of economic development. Macro-policies are precise, powerful, reasonable and moderate, and will not introduce super-large-scale stimulus measures, over-issue money and advance the future for the sake of excessive growth targets. We should persist in seeking truth from facts and do our best to strive for a better level of economic development throughout the year. There is still considerable room for effectiveness in the package of policies and measures for steady growth. The VAT tax rebate has exceeded 1.8 trillion yuan in the first half of the year, and the continuous implementation of the policy will further expand the actual tax rebate scale; The actual use of local government special bonds and the newly introduced policy and development financial instruments will effectively invest more physical workload and stimulate employment and consumption. We will persist in adding momentum to reform, deepen the reform of "distribution service", and stimulate market vitality and social creativity.

 

Li pointed out that China's economy has been deeply integrated into the world, and opening to the outside world is China's basic national policy. China's development cannot be separated from the world, and the development of the world also needs China. We will deepen high-level opening to the outside world, adhere to free trade and fair trade, and push the two wheels of multilateral and regional trade cooperation to turn together. Continue to create a market-oriented and legalized international business environment, ensure that foreign enterprises enter the open field equally according to law, and achieve mutual benefit and win-win results in fair competition. We are willing to strengthen international anti-epidemic cooperation, achieve more accurate and scientific prevention and control on the premise of ensuring epidemic prevention safety, continuously optimize visa, testing and other prevention and control policies, further resume and increase international passenger flights in an orderly manner, promote outbound trade and cross-border work activities in a steady and orderly manner, and better promote personnel exchanges and foreign exchanges and cooperation between China and foreign countries.

 

Li also answered questions from representatives of foreign entrepreneurs on the healthy and stable development of Sino-US relations, the response to climate change, the development prospects of manufacturing industry and consumption policies.

 

Xiao Jie and He Lifeng attended the above activities.