China open to global co-op: Premier Li

BEIJING: Chinese Premier Li Keqiang stressed on Thursday that China is open to global cooperation, whether in science and technology or in investment and trade, as the annual two sessions closed on Thursday.
Analysts said Li’s statement showed China’s open attitude toward international cooperation and global investors against the headwinds of protectionism and unilateralism, and such an attitude will benefit both China and the world.
Li said China’s determination and efforts to make further advances in the fields of science and technology are compatible with promoting global cooperation, as scientific inventions require cooperation and joint efforts.
China is willing to strengthen such cooperation on the basis of protecting intellectual property rights and jointly promoting the progress of human civilization, Li added. Huo Jianguo, a vice president of the China Society for World Trade Organization Studies, told the Global Times on Thursday that the Premier’s statement will help disperse doubts held by some foreign companies, by emphasizing that China’s scientific and technology scaling up won’t be a closed-door effort.
In the field of trade and investment, Li said China will further actively promote opening-up, continue to cut the “negative list” for foreign investment in China, and boost the opening up of its services sector. China’s new development pattern of “dual circulation” aims to develop both the domestic market and expand international opening-up, Li said.
– The Daily Mail-Global Times News exchange item