Chinese Premier Highlight the importance of upholding equality, mutual benefit, and free trade.

Raphael Oni

Chinese Premier Li Qiang delivered a keynote speech at the opening ceremony of the 8th China International Import Expo (CIIE) and the Hongqiao International Economic Forum on November 5, 2025.

According to the Chinese Premier, The CIIE serves as a vital bridge linking China and the world, showcasing the country’s vast market appeal. With a record number of exhibitors this year, the expo demonstrates the vitality and dynamism of China’s super-sized market.

Premier Li emphasized the importance of upholding equality, mutual benefit, and free trade. He called for collective action to resolve contradictions and problems through development, rather than confrontation.

Li stressed the need for advancing governance reform and improving the international economic and trade rules system. China is committed to implementing the Global Governance Initiative in international trade and reforming the multilateral trading system with the WTO at its core.

The premier highlighted China’s focus on high-quality development and opening up, with plans to expand institutional opening up and advance pilot demonstrations for greater opening in the services sector. China aims to make new and important contributions to global economic growth.

Key Takeaways:

 CIIE’s Significance: A bridge linking China and the world, showcasing China’s vast market appeal

– Global Trade Principles: Upholding equality, mutual benefit, and free trade

– Global Governance Reform: Advancing governance reform and improving international economic and trade rules

– China’s Development Strategy: Focus on high-quality development and opening up, with plans to expand institutional opening up and advance pilot demonstrations in the services sector

This year’s CIIE has attracted a record number of participating enterprises, reflecting international confidence in China’s economy. The expo will run from November 5 to 10.

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