China vice premier He Lifeng: China is stepping up efforts to boost consumption

  • That'll be welcome if so

China vice premier He Lifeng:

  • China is stepping up efforts to boost consumption
  • China is speeding up the construction of a modern industrial system
  • Expo to further strengthen platform role in expanding openness, deepening cooperation, and leading innovation
  • China’s industrial upgrading providing support to global industrial, supply chain operations
  • We aim to expand international exchange and cooperation, strengthen innovation collaboration, and share achievements
  • Trade wars and tariff battles have no winners; strongly oppose politicizing, ideologizing, and over-securitizing economic and trade issues
  • China to uphold openness and inclusivity, promote mutual benefit and win-win in global supply chains
  • Disrupting international division of labor will only increase costs for enterprises and hinder global economic development Some countries using tariffs and restrictions to promote so-called manufacturing reshoring
He Lifeng 22 June 2023

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