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China’s premier vows to ‘open its doors wider’ to trade and tech industry

‘Globalisation will not be reversed,’ Li Qiang tells annual World Economic Forum event

China’s premier Li Qiang has said the country would “open its doors still wider to the world” as he warned of the risk of “fragmentation” of global supply chains amid trade tensions.

Li, Beijing’s second-highest ranking official, said China would make its technological advances available to other countries as he outlined a transition from a manufacturing power to a “mega-consumer market”.

“Economic globalisation will not be reversed; it will only carve out a new path,” Li told the World Economic Forum’s annual summer event in the northern Chinese city of Tianjin on Wednesday. “We will further integrate and connect with the global market.”

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