China Premier Li Confident in Growth Target, Promotes Global Trade

Chinese Premier Li Qiang expects China to reach its annual economic growth target of around 5% according to comments at a World Economic Forum meeting in Tianjin.
Li stated globalization remains intact despite some setbacks and China's economy grew faster in the second quarter compared to the first quarter of the year.
China will implement more policies to boost domestic demand and open markets as some analysts lower growth forecasts for China this year.
Li emphasized the need for global cooperation on trade and economic issues, dismissing notions of reducing interdependencies and risk as mistaken.
The World Economic Forum's Annual Meeting of the New Champions marked the first in-person event since the start of the pandemic.