China Opposes Severance Of Economic Ties In World
Date
6/29/2024 10:17:34 PM
(MENAFN- AzerNews)
By Alimat Aliyeva
China calls on the international community to cooperate and
opposes the severance of global economic ties. This was stated by
Premier of the State Council of the People's Republic of China Li
Qiang during the meeting of the new leaders of the World Economic
Forum (Summer Davos) in Dalian, Azernews
reports.
"All countries and regions need to cooperate closely, resist
block confrontation and severance of ties, maintain stability and
uninterrupted operation of industrial and logistics chains, as well
as promote liberalization and simplification of trade and
investment procedures," Xinhua news agency quoted him as
saying.
The Premier of the State Council of the People's Republic of
China also called on the international community to deepen
scientific and technological exchanges. "If countries only think
about maximizing their own interests, without taking into account
the interests of others, the cost of global economic transactions
will increase, economic ties between regions will break off, and
contradictions and disputes will only intensify," Li Qiang
said.
In recent years, the United States and its allies have increased
economic and technological pressure on China. Western countries
regularly impose new sanctions against Chinese companies under the
pretext of ties with the Russian military-industrial complex,
infringement of human rights, threats to national security from
Chinese technological enterprises, etc.
In addition, the United States and the EU are increasing
pressure through protectionist measures on such fast-growing
industries in China as the production of electric vehicles,
lithium-ion batteries and solar panels.
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