BEIJING (Sputnik) – He added that China would always protect peace and stability.
“China will oppose any forms of protectionism, will be more involved in the global governance and will strive for more inclusive, mutually beneficial and equal economic globalization,” Li said at the annual session of the National People’s Congress (NPC).
He also said that China would become more open for the outside world.
“Facing the new challenges on the international arena and new needs for developing China, we should continue to implement the strategic plan of openness for the outside world, work quicker in order to create a new system of open economy and lead China to the higher level of openness,” Li said.
He said that China would accelerate construction of ground economic corridors and sea hubs as well as promote export of Chinese goods, services and technologies.
In January, Chinese President Xi Jinping opposed protectionism and staunchly advocated globalization and free trade in his speech at the World Economic Forum (WEF) in Davos. The Chinese leader stated that no country would benefit from trade wars.
The statement was made two months after Donald Trump won the US presidential election. During his campaign Trump threatened to impose higher import barriers and accused China of manipulating its currency.