Premier Li Qiang Highlights Market Resources as Key Advantage Amid Global Uncertainties

Premier Li Qiang Highlights Market Resources as Key Advantage Amid Global Uncertainties

Vientiane, The Gulf Observer: Chinese Premier Li Qiang emphasized the significance of market resources in his opening remarks at the 27th China-ASEAN Summit on Thursday. He stated that the market has become the scarcest resource in the current economic landscape, highlighting it as a prominent advantage for both China and the Association of Southeast Asian Nations (ASEAN) amid escalating global uncertainties and instability.

In his address, Premier Li acknowledged the sluggish nature of the global economic recovery, noting that challenges such as insufficient global aggregate demand are becoming increasingly pronounced. Despite these issues, he expressed optimism about the expanding markets of China and ASEAN, emphasizing their commitment to further opening up and enhancing economic cooperation.

Li’s remarks underscore the importance of regional collaboration in navigating the current economic climate, reinforcing the notion that the robust markets of China and ASEAN can play a crucial role in fostering stability and growth in the face of global challenges.

In his address, Premier Li acknowledged the sluggish nature of the global economic recovery, noting that challenges such as insufficient global aggregate demand are becoming increasingly pronounced. Despite these issues, he expressed optimism about the expanding markets of China and ASEAN, emphasizing their commitment to further opening up and enhancing economic cooperation.

Li’s remarks underscore the importance of regional collaboration in navigating the current economic climate, reinforcing the notion that the robust markets of China and ASEAN can play a crucial role in fostering stability and growth in the face of global challenges.