China pledges more balanced trade and further opening of the economy after record surplus - World

Chinese Premier Li Qiang pledged to further open the country's economy to foreign firms and pursue more balanced trade with global partners, emphasizing a focus on high-quality imports. He stated that China aims to expand the global trade pie while acknowledging concerns about its trade surplus. China’s central bank governor Pan Gongsheng also addressed concerns regarding the trade surplus, highlighting the need for a broader analysis of economic imbalances and China's commitment to fair trade practices. The China Development Forum, attended by executives from major multinational companies like Apple, Samsung Electronics, and Novartis, aims to attract foreign investment and promote balanced trade development.