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China’s Premier Stands Firm on National Competitiveness Amid Simmering Trade Tensions

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Chinese Premier Li Keqiang Defends Technological Development Amid Trade Tensions

Chinese Premier Li Keqiang delivered a robust defense of China’s technological progress and voiced criticism against measures aimed at restricting global cooperation during his keynote address at the World Economic Forum’s “Summer Davos” in Dalian, China. His remarks underscored China’s strategic focus on innovation and its commitment to fostering international partnerships, even as trade disputes with the EU, particularly concerning imports of Chinese electric cars, continue to escalate.

Li Keqiang emphasized China’s significant strides in technology, highlighting achievements in areas such as artificial intelligence, renewable energy, and digital infrastructure. He emphasized that these advancements are crucial not only for China’s economic growth but also for global technological progress. The Premier reiterated China’s openness to collaboration with international partners, advocating for a more inclusive and interconnected global economy.

The speech comes amid heightened trade tensions, where the EU has raised concerns over the influx of Chinese electric cars into European markets, citing issues related to subsidies and fair competition. Li Keqiang’s remarks aimed to reassure global stakeholders of China’s commitment to fair trade practices and adherence to international norms, while also signaling China’s determination to defend its economic interests on the global stage.

The “Summer Davos” meeting in Dalian served as a platform for international leaders, business executives, and policymakers to discuss pressing global economic issues, including trade policies and technological innovation. Li Keqiang’s address positioned China as a key player in shaping the future of global trade and economic cooperation, advocating for mutual benefits and sustainable development across borders.

As China continues to navigate complex international relations and economic challenges, Li Keqiang’s speech reaffirmed the country’s proactive stance in promoting global economic stability and technological advancement. The Premier’s call for enhanced cooperation and fair trade practices reflects China’s evolving role in the global economy and its efforts to contribute positively to international economic governance.

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