Chinese Premier Li Keqiang speaks at the opening ceremony of the Summer Davos Forum in north China's Tianjin Municipality, September 19, 2018. /CGTN Photo
Chinese Premier Li Keqiang stressed on Wednesday that multilateralism should be held and that unilateral trade actions will not solve any problems.
"The trend of globalization is unstoppable. We should respect and tolerate each other, work together equally, and maintain the basic principle of free trade, even though there are flaws," Li said in a speech at the opening ceremony of the Summer Davos Forum in north China's Tianjin Municipality.
Chinese President Xi Jinping voiced China's determination of opening up in his speech at Davos in January 2017, Li recalled, adding that China will further speed up the process of opening up.
Problems need to be solved via communication, not unilateral actions, Li underlined.
This forum focuses on shaping innovative societies in the fourth industrial revolution. Nearly 200 meetings are to be held from Tuesday to Thursday. More than 2,000 guests from over 100 countries will attend the event.
Premier Li will hold talks with leaders from countries including Estonia, Latvia, Serbia, and Samoa, and exchange views with representatives from industry and commerce, finance,think tanks and media outlets.
More to Read:
China won't pursue competitive devaluation of yuan
"China will create conditions for a stable exchange rate," said Li at the opening plenum of the Annual Meeting of the New Champions 2018, also known as Summer Davos.
Premier Li: Trend of globalization is unstoppable
Chinese Premier Li Keqiang said on Wednesday that the trend of globalization is unstoppable, and the basic principles of free trade should be maintained despite of flaws in the process.
Chinese premier urges mass entrepreneurship, innovation
"Greater enthusiasm and creativity of Chinese workers is a must for stimulating market vitality and social creativity, realizing inclusive growth, and developing new momentum," the premier said.
China to adopt stricter IPR protection: premier
Premier Li Keqiang said Wednesday that China would adopt a stricter protection system on intellectual property rights (IPRs).
China to take new measures on opening-up: Premier Li
China will further reduce the tariff duties on some imports, making the country's overall tariffs continue to fall, and gradually remove the unreasonable charges on imports, Premier Li Keqiang said Wednesday.
