On the afternoon of June 25, 2025, Premier Li Qiang of the State Council attended a symposium with business representatives at the 16th Annual Meeting of the New Champions in Tianjin.
After hearing the remarks from representatives, Li Qiang noted that the current international landscape is in the midst of profound and complex changes, posing significant challenges to global economic development. China's economy has maintained stable growth, relying not only on its sound fundamentals of stability and improvement, and proactive and effective macro policies, but also on the emphasis placed on harnessing market forces and the role of enterprises, including substantial contributions from foreign-funded enterprises. At the same time, China offers a vast stage for the development of foreign-funded enterprises.
Li Qiang said that in a world fraught with changes and disorder, it is essential to adapt to the changing times, adopt proactive and effective measures to address various uncertainties, risks and challenges, and foster a favorable environment for business development. First, in the context of in-depth restructuring in the global industrial chain layout, the quality and efficiency of supporting industries are particularly important. China has strong industrial support capabilities, and its industrial and supply chains are continuously optimizing, with ongoing improvements in quality and efficiency. By combining the brand, channel, and technological strengths of multinational companies with China's advantages in industrial support, more high-quality products and services can be created, enhancing the global competitiveness of enterprises. Second, against the backdrop of the rapid evolution of a new round of scientific and technological revolution, the speed of industrialization of new technologies and the capacity for iteration and upgrading are particularly important. China has a massive user base for various products and services, and its sci-tech and industrial innovations interact efficiently. There is broad space and great opportunities for companies from around the world to engage in scientific and technological cooperation and collaborative innovation in China. Third, in the face of increasing uncertainties in international economic and trade cooperation, the stability of the business development environment is vital. Currently, the rise of protectionism, unilateralism, and de-globalization has posed significant challenges to the development of businesses. Amid such a changing situation, China's economy demonstrates stability that can withstand external shocks and maintain its steady progress. This stability is also reflected in China's unwavering commitment to opening up to the outside world, enabling multinational enterprises to achieve greater success and better development in China.
Li Qiang expressed the hope that enterprises from various countries will provide more quality products and services to the Chinese market, and strengthen sci-tech and industrial cooperation with Chinese companies, better aligning supply and demand for mutual benefits and shared progress in technological advancement and industrial competitiveness. China will, as always, welcome foreign enterprises to invest and do business in the country. Li Qiang expressed the expectation that business representatives can realize their dreams and achieve success here, alongside the steady and long-term development of China's economy.
Around 160 business representatives from over 30 countries and regions attended the symposium. The business representatives said that foreign-funded enterprises in China have witnessed China's sustained economic growth over the years, and that China's policy stability and long-term planning are particularly valuable amid the rising global uncertainties. They expressed full confidence in China's economic prospects, its opening-up and cooperation, and stated their commitment to continue tapping into the Chinese market, increasing investment in scientific and technological innovation, maintaining the smooth flow of industrial and supply chains, and achieving greater development while integrating into China's high-quality development process.
Chen Min'er and Wu Zhenglong attended the symposium.