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

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

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 operationsWe 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 This article was written by Eamonn Sheridan at www.forexlive.com.

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