Chinese premier highlights four characteristics of China's economy

DALIAN - The Chinese economy has demonstrated stability, innovation, vitality and integration with the rest of the world at the beginning of the 15th Five-Year Plan (2026-2030) period, Chinese Premier Li Qiang said on Wednesday.

He made the remarks when addressing the opening plenary of the 17th Annual Meeting of the New Champions, also known as the Summer Davos, in Northeast China's coastal city of Dalian.

The Chinese economy has maintained "strong resilience and positive momentum" in kicking off the new five-year plan period, he noted, adding that its stability has provided the much-needed certainty and served as an important "safe harbor" in an increasingly uncertain world.

To integrate into the global economy, China has also remained committed to actively expanding opening up, the premier said.

The country has granted zero-tariff treatment to 63 countries, while its imports have ranked second globally for 17 consecutive years. In the first five months of this year, imports rose by 20.5 percent year-on-year, significantly outpacing export growth.