Chinese Premier Li Qiang recently met with a delegation led by Suzanne Clark, the chief executive of the US Chamber of Commerce, in Beijing. During the meeting, Li emphasized that the US approach of small yard, high fence in trade with China is not beneficial for either side. He highlighted the importance of economic cooperation between the two countries, stating that they should be partners rather than rivals.
Li expressed that the world’s two largest economies have deeply integrated interests and should work together for mutual benefit. He warned that any attempts to decouple the economies would lead to significant losses for businesses and impact global development. While the US has implemented measures to restrict Chinese technological advancements with military potential, Li stressed the need for constructive economic engagement.
Amid China’s struggling economy and investor outflows, Li reiterated China’s commitment to attracting foreign capital. He mentioned the country’s demand potential in various sectors like advanced manufacturing, urbanization, and green energy. Li assured American firms of China’s willingness to provide support and convenience for foreign investments.
The meeting between Li and the US business delegation comes at a crucial time in US-China relations. Efforts to improve economic and trade ties are underway, with both sides emphasizing the importance of communication and cooperation. The US Chamber of Commerce, representing major American companies, has shown readiness to facilitate dialogue and enhance bilateral relations.
As global dynamics continue to evolve, the meeting between Li and the US delegation signals a step towards fostering better understanding and collaboration between the two economic powerhouses. The mutual goal of strengthening economic ties for sustainable growth highlights the significance of productive engagement and shared interests in the global landscape.
