At the World Economic Forum’s “Summer Davos” in Dalian, Chinese Premier Li Qiang championed “China Opportunity 2.0,” urging global investors to continue engaging with the Chinese market. Li highlighted China’s transition toward high-quality development, focusing on technological innovation and green industries like electric vehicles. He also criticized Western trade policies, arguing that rising tariffs and “de-risking” strategies undermine global economic cooperation and supply chain stability while expressing confidence in China’s ability to meet its 5% economic growth target for the year.
- Chinese Premier Li Qiang delivered the keynote address at the World Economic Forum’s Annual Meeting of the New Champions, also known as Summer Davos, in Dalian.
- Li introduced “China Opportunity 2.0,” emphasizing that future investment in China will focus on high-quality development, advanced manufacturing, and digital economy sectors.
- He defended China’s rapidly growing green technology industries, including electric vehicles and lithium-ion batteries, as key drivers of global sustainability.
- The Premier criticized unilateral trade measures and “de-risking” policies, warning that they fragment global supply chains and slow down international economic growth.
- Li reaffirmed China’s confidence in achieving its projected economic growth target of approximately 5% for 2024.
Based in Singapore, CNA (Channel News Asia) covers global developments with an Asian perspective, with correspondents based in major cities across Asia, including Kuala Lumpur, Jakarta, Bangkok, Tokyo, Seoul and Beijing, as well as in New York, Washington D.C. and London.
Official website: https://www.channelnewsasia.com/
Original video here.
This summary has been generated by AI.
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Promotes = touts? Singlish? 😅
good evening host🙋🏻❤️
Global South? China, Russia and many others aren't southern. They, excluding the western minority of 14% world population, are the global majority.
We Chinese permit and grant you to make money! Not "tout".
Current Singaporean Prime Minster does not looking like a Chinese. Not at all.
He is a communist.
Avoid
People of free countries around the world, impeach communist President lee Jae-myung and fight for Korea's freedom together Let's unite, let's fight, let's win 부정선거 재선거 ! 당일투포 수계표 !
guney koreyi tehdid felan etmeyin ..
fransa ingitere almanya hep birbiri ile geçmişte savaşmış….kore de barış hakim olur bence…
geçmiş gemiş..gelecek..gelecege bakalım…
touts? talks up? . is this how CNA uses words on world leaders? shows CNA eagerly plays the role of Media colony of western fake news.
Mini CNN ,Biased news from Singhpore
EU and theU$ overcapacity …
The European Union and the United States heavily subsidize their agricultural sectors, though they utilize different structures. While both distribute billions annually to stabilize food supplies and farmer incomes, the EU's total support as a share of gross farm receipts is about double that of the US.
The Common Agricultural Policy (CAP) accounts for roughly a third of the entire EU budget.
Discussions on Greenpeace highlight that CAP funds primarily benefit large landowners and elites, and there are DeSmog investigations about funds bankrolling operations tied to labor abuse.
Governed by multi-year omnibus Farm Bills, relying heavily on crop insurance subsidies and price-deficiency payments.
A vast majority of federal payments go to large-scale operations to help manage risks related to weather and market volatility.
Corn is heavily subsidized, taking over 30% of all federal agriculture subsidies in recent years.
Every accusation from the vvest is a confession.
Both the European Union and the United States have launched massive, unprecedented industrial subsidy programs aimed at supply chains, boosting green technology.
US massive $369 billion climate and energy package that provides generous tax credits and subsidies for electric vehicles (EVs), renewable energy infrastructure, and clean technology manufactured in North America.
US $52.7 billion package of subsidies and tax incentives designed to boost domestic semiconductor research, development, and manufacturing.
The European Commission has heavily relaxed its strict competition rules, allowing member states (such as Germany) to offer direct financial aid and subsidies to energy-intensive industries and clean-tech startups.
Proposed to boost demand for EU-made low-carbon technologies, this initiative introduces "Made in EU" requirements for public procurement and support schemes, aiming to secure 20% of EU GDP from manufacturing by 2035.
2026-6-24 Two Japanese employee of a Japanese company arrested in China for smuggling rare-earth products.
Employee of a Japanese company's branch in China was arrested by Chinese law enforcement authorities in Dalian, Liaoning Province, in late May on suspicion of smuggling rare-earth-related items out of the country.
They belong to the subsidiary of a Japanese heavy electrical machinery manufacturer.
The company violated mainland regulations governing the export of strategic rare earth materials by attempting to ship regulated rare earth processed products overseas without obtaining the necessary legal export approvals.
The population aging concern affects all countries, why they only bringing it up when looking at China is indicative again of their endless bias reporting!