China vice premier He Lifeng:
- China is stepping up efforts to boost consumption
- China is speeding up the construction of a modern industrial system
- Expo to further strengthen platform role in expanding openness, deepening cooperation, and leading innovation
- China’s industrial upgrading providing support to global industrial, supply chain operations
- We aim to expand international exchange and cooperation, strengthen innovation collaboration, and share achievements
- Trade wars and tariff battles have no winners; strongly oppose politicizing, ideologizing, and over-securitizing economic and trade issues
- China to uphold openness and inclusivity, promote mutual benefit and win-win in global supply chains
- Disrupting international division of labor will only increase costs for enterprises and hinder global economic development
Some countries using tariffs and restrictions to promote so-called manufacturing reshoring
This article was written by Eamonn Sheridan at www.forexlive.com.
