March 24, 2024

Chinese Premier Li Qiang on Sunday offered a powerful reassurance for global business leaders about China's economy and its steadfast opening-up, saying at a major forum in Beijing that China's economy has strong resilience, vast potential and sufficient vitality and an increasingly open China will bring more opportunities for the world.  

More than 110 global business leaders and scholars, including a remarkable number of US executives, have descended on Beijing for the China Development Forum (CDF), putting on a vivid display of global businesses' confidence and commitment to the Chinese market, as China's economy continues to recover and the country continues to open up its market to the world. 

Beyond their strong presence at the forum, many multinational executives explicitly stated plans to expand investment in the Chinese market, with some declaring "investing in China is investing in the future." Such a vote of confidence in China's economy by global businesses with "their feet" also underscores the limitations of some Western politicians' attempt to drive multinationals away from China by pushing for an economic decoupling and smearing China.

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