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02:11
China: Global Trade and Investment Promotion Summit 2024 held in Beijing
[Voiceover]
This year, the summit saw a gathering of heads of chambers of commerce, business associations and trade promotion facilities, as well as high-level representatives from Tesla, Walmart and other Fortune Global 500 companies.
A high-level platform for interactions among business communities from different countries, the summit aims to jointly address global issues, nurture new growth points for international economic cooperation and reform the global economic governance system.
Chinese Vice President Han Zheng said China will continue to work with the international community amid all the global uncertainties to strengthen openness and exchanges, promote free trade and stimulate growth drivers for digital and green development.
[Soundbite]
Ren Hongbin, Chairman, China Council for the Promotion of International Trade:
"China is willing to share the opportunities of development with the global community. We welcome the business sectors of more and more countries to work together to build a stable global supply and industrial chain, and give full play to the further development of the green economy."
[Voiceover]
The summit also includes parallel forums focusing on smoothening supply chains, promoting exchanges between the U.S. and China on turning the "San Francisco Vision" into reality, and the AI industry, among other issues.
[Soundbite]
Osamu Onodera, Vice chairman, Japanese Chamber of Commerce and Industry in China:
"China is already integrated very closely into the global manufacturing supply chain. It provides a lot of inputs. And at the same time, China is also a very very big market, [as] 18 percent of the GDP, the global GDP, is China. Therefore, China has a very important role both as a part of the manufacturing chain and also as a part of the global market."
[Soundbite]
Lorenzo Riccardi, Chairman, China-Italy Chamber of Commerce:
"[For] Italian companies, they focus on Chinese partners to promote the digital trade of the quality of their products. So this is one of the key elements to cooperate between Italian companies and the Chinese market."
[Restrictions: No access Chinese mainland]
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