China’s Li urges not to turn trade into a political or security issue

Tianjin, China – Chinese Prime Minister Li Qiang called on other countries on Business on Wednesday, despite the increase in prices and other obstacles.

“Globalization will not be reversed,” he said through an official translation in English, as he called on all parties not to transform trade into a political or security problem.

Getting involved in the international economy is a means of “reshaping the rules and order”, added Li, calling on countries to stay on the “good” way.

Li did not comment specifically on American tensions or the Israeli-Iranian conflict. He was expressed during the opening plenary of the annual conference of the World Economic Forum in China, often nicknamed “Summer Davos”.

Describing Li’s commentary on “Remode the rules and order” as “very interesting”, Adam Tooze, history professor at the University of Columbia, said: “I think what we are going to see is pluralization.”

What is necessary are more processes rather than focusing on who defines “order”, he told CNBC.

In speech, Li referred to how more than 30 countries Signed an “Convention on the creation of the International Organization for Mediation“In Hong Kong last month. He called this a way to use” Eastern wisdom in resolving international disputes “.

Prime Minister Li also maintained an optimistic view of the Chinese economy during the conference, and said the authorities would implement measures to “make China a consumption center for the size of a mega” in addition to being in manufacturing.

Singapore Prime Minister Lawrence Wong, Prime Minister of Vietnam, Pham Minh Chineh, and Ecuadorian President Daniel Noboa Azín were among the main political leaders Attend this year, according to a press release from the forum.

The founder and president of JD.com Liu Qiangdong and the founder and president of TCL, Li Dongsheng, were among the participants in the conference listed.

Last week, Li met the leaders of Singapore, Vietnam, New Zealand, Ecuador and Kyrgyzstan, according to Chinese state media.

– Victoria Yeo de CNBC contributed to this report.