Cooperation to ensure better product quality

China's companies need to work with foreign firms to develop personalized products that cater to domestic demand as the nation enters the middle-income bracket, Premier Li Keqiang said at the opening of World Economic Forum's Annual Meeting of the New Champions in Dalian on Thursday.

Growing numbers of people with greater spending power want more diversified and tailor-made products, and this in turn will lead to new areas for cooperation, as compared to 30 years ago when China was known for exporting to the world, Li said.

Advanced foreign concepts, technologies, and especially talents, are in need and the Chinese government will spare no efforts to protect intellectual property rights, said the premier.