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Li Qiang Pledges Deeper Opening at China Development Forum, Rebukes Protectionism

Beijing promises national treatment for foreign firms to shore up investor confidence.

Overview

  • Premier Li Qiang said China will pursue high-level opening, import more high-quality goods, and work with partners to promote balanced trade.
  • He called on countries to join forces to make the global economic and trade pie larger, arguing that protectionism is no cure for underlying problems.
  • Li warned that the international rules-based order faces severe disruption and that power politics is running rampant.
  • The forum drew senior global executives including Apple CEO Tim Cook, and Vice Premier He Lifeng met representatives from HSBC, UBS, Schneider Electric and Standard Chartered.
  • China’s outreach follows official data showing roughly 20% trade growth in January–February after a record 2025 surplus, a trend drawing scrutiny from trading partners during the Middle East war and a postponed visit by US President Donald Trump.