Li: Chinese economy to bring new opportunities

In promoting the real economy, Li said that China emphasizes leveraging technological innovation to drive industrial advancements and accelerate the establishment of a modern industrial system.

By integrating future demands with national strengths, China is working to advance basic and applied research, facilitate technology transfer, nurture emerging industries, and empower traditional sectors with advanced technologies to expedite the development of new quality productive forces, he said.

Li highlighted the importance of fostering a competitive edge through leveraging comparative advantages.

"The competitiveness of Chinese products is not achieved through subsidies, as was hyped up by some Western politicians and media, but through the step-by-step efforts and hard work of various enterprises, including foreign companies, on a level playing field of fair competition," he said.

China is willing to work hand in hand with enterprises of all countries to better promote innovative development of the global economy, he added.

Speaking at the meeting, Gilles Leclerc, president of Coca-Cola Greater China and Mongolia, said his company feels fortunate to have been a witness and contributor to, and beneficiary of, China's tremendous growth over the past more than 40 years.

"When people ask me about the key to our success in China, I always emphasize the importance of long-term investment and a deep understanding of Chinese consumers and culture. These require time and patience, but the rewards are substantial. We are determined to continue our investments in China," he said.

caodesheng@chinadaily.com.cn