China’s VP Han Zheng emphasizes innovation, cooperation in the world

Chinese Vice President Han Zheng has outlined China's commitment to innovation, economic recovery, and global cooperation.

SINGAPORE – During his keynote speech at the sixth Bloomberg New Economy Forum in Singapore, Chinese Vice President Han Zheng outlined China’s commitment to innovation, economic recovery, and global cooperation.

Vice President Han declared that China will persist in promoting innovation as a driving force for the global economic recovery and will prioritize cooperation through an open economic approach.

China will further provide extensive market access and investment opportunities for the rest of the world.

Emphasizing China’s long-standing support for and participation in economic globalization, Han highlighted the deep integration of the Chinese economy with the global economy over the past 45 years due to its reform and opening-up policies.

“China will firmly advance a high level of openness to the world and is ready to offer more market access and investment opportunities to share the advantages of its open institutional framework with companies worldwide,” Vice President Han stated.

A round table discussion at the 2023 Bloomberg New Economy Forum in Singapore on Wednesday 8th November 2023.
FILE: A round table discussion at the 2023 Bloomberg New Economy Forum in Singapore on Wednesday 8th November 2023. [Picture via: Bloomberg]

Han noted that China will focus on generating momentum through innovation, which plays a pivotal role in accelerating the world’s economic recovery and advancement.

China is committed to sharing the fruits of its innovations with other nations, cooperating to combat the challenges of climate change, and infusing new vitality into global economic growth.

Furthermore, China is willing to collaborate with other countries to preserve global peace and security, foster common development and prosperity for all nations, and establish a community with a shared future for humanity.

In reference to China-U.S. relations, Han conveyed China’s readiness to enhance communication and dialogue with the United States, promote mutually beneficial cooperation, effectively manage their differences, and work collectively to address worldwide challenges.

The sixth annual Bloomberg New Economy Forum is taking place in Singapore from November 8 to 10, with the theme “Embracing Instability.”

The event focuses on the challenges confronting the global economy and underscores the opportunity to address underlying issues, including persistent inflation, geopolitical tensions, the rise of artificial intelligence, and climate change.

RosGwen24 News
RosGwen24 News
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