China's economy off to a good start in 2024: Li - RTHK
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China's economy off to a good start in 2024: Li

2024-06-25 HKT 11:36
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  • Premier Li Qiang says there should be a deepening of exchanges and cooperation in science and technology. Photo: AFP
    Premier Li Qiang says there should be a deepening of exchanges and cooperation in science and technology. Photo: AFP
Premier Li Qiang on Tuesday said the Chinese economy had gotten off to a "good start" this year, and that the nation will continue to strive to create an open environment for technological innovations.

Li made the remarks at a keynote speech at the opening of a World Economic Forum meeting – also known as Summer Davos – in Dalian city.

He said: "The rapid growth of new industries and new drivers has buttressed the sound and sustained development of the Chinese economy."

"Since the start of this year the Chinese economy has sustained the momentum of recovery. It got off to a good start in the first quarter of this year... and continued steady growth in the second quarter. We're confident and capable in achieving the growth target of around five percent for this year," Li said.

He also proposed that there should be a deepening of exchanges and cooperation in science and technology.

"Science and technology are key variables in future development and major sci-tech progress usually comes from unrelenting research accumulation and extensive cooperation," Li said.

The premier also told delegates that the nation's electric vehicles and lithium batteries were not only meeting domestic demand, but also enriching global supply amid trade tensions with the West.

Some 1,600 leading figures from the public and private sectors across nearly 80 countries and regions are attending the 15th Annual Meeting of the New Champions event which is being held until June 27. (Additional reporting by Reuters)

China's economy off to a good start in 2024: Li