China Advocates for Enhanced Multilateral Cooperation Amid Global Trade Challenges
Chinese officials underscore commitment to bilateral partnerships and multilateralism during major international meetings in Beijing.
BEIJING, May 22, 2025 — Chinese Vice Premier He Lifeng expressed strong support for U.S.-funded enterprises to deepen their cooperation in China during a recent meeting with Jamie Dimon, CEO of JPMorgan Chase.
He emphasized the importance of continued engagement between the two countries to bolster stable and sustainable economic relations.
During the talks, He highlighted the substantive progress achieved in recent economic discussions between China and the United States, with the focus on fostering an environment conducive to mutual benefits as both nations strive towards enhancing trade relationships.
He emphasized China's efforts to build a unified national market and reiterated the commitment to high-level openness in trade.
Meanwhile, at the 78th World Health Assembly in Geneva, Vice Premier Liu Guozhong called for global solidarity in the context of public health.
Drawing attention to China’s participation in international health governance, Liu urged nations to support multilateralism and work towards equitable global health solutions.
Liu also reiterated China’s dedication to a health-first strategy, having actively contributed to combating the COVID-19 pandemic, and stressed the importance of multilateral cooperation in health innovation and vaccine distributions to assist developing countries.
In bilateral discussions, Chinese Foreign Minister Wang Yi met with his Dutch counterpart, Caspar Veldkamp, where they reached a six-point consensus on enhancing cooperation in several sectors, including technology and climate adaptation.
The two countries agreed to bolster trade ties and maintain open communication channels, particularly in semiconductor technology, amid a backdrop of growing global challenges.
Separately, President Xi Jinping communicated with French President Emmanuel Macron, reinforcing the mutual commitment of China and France to uphold international order and promote bilateral cooperation.
They discussed strategies to enhance collaboration in traditional sectors and expand into groundbreaking fields such as digital economy and biomedicine.
Chinese Vice President Han Zheng, during the opening of the Global Trade and Investment Promotion Summit 2025, emphasized the transformative potential of digital technologies for global trade.
He highlighted China’s commitment to expanding its market openness and fostering high-quality development that welcomes international collaboration.
The summit witnessed participation from over 800 global representatives who voiced support for multilateralism and the necessity for cooperation in trade, technology, and sustainable development.
Key figures from various sectors praised China’s advancements in areas like artificial intelligence and electric vehicles, underscoring China's role as a critical player in the global economy.
Furthermore, preparations are underway for Chinese Premier Li Qiang's official visit to Indonesia, where discussions will focus on cementing bilateral ties and addressing regional cooperation during the upcoming ASEAN-GCC-China Summit in Malaysia.
Finally, Chinese Foreign Minister Wang Yi is set to chair the Third China-Pacific Island Countries (PICs) Foreign Ministers' Meeting in Xiamen.
This meeting aims to strengthen dialogue and solidify partnerships across multiple sectors, and signifies China’s commitment to fostering development within the Pacific region.
Overall, recent dialogues and summits reflect a proactive stance by Chinese leadership to engage with global partners amidst prevailing uncertainties in international trade dynamics.
He emphasized the importance of continued engagement between the two countries to bolster stable and sustainable economic relations.
During the talks, He highlighted the substantive progress achieved in recent economic discussions between China and the United States, with the focus on fostering an environment conducive to mutual benefits as both nations strive towards enhancing trade relationships.
He emphasized China's efforts to build a unified national market and reiterated the commitment to high-level openness in trade.
Meanwhile, at the 78th World Health Assembly in Geneva, Vice Premier Liu Guozhong called for global solidarity in the context of public health.
Drawing attention to China’s participation in international health governance, Liu urged nations to support multilateralism and work towards equitable global health solutions.
Liu also reiterated China’s dedication to a health-first strategy, having actively contributed to combating the COVID-19 pandemic, and stressed the importance of multilateral cooperation in health innovation and vaccine distributions to assist developing countries.
In bilateral discussions, Chinese Foreign Minister Wang Yi met with his Dutch counterpart, Caspar Veldkamp, where they reached a six-point consensus on enhancing cooperation in several sectors, including technology and climate adaptation.
The two countries agreed to bolster trade ties and maintain open communication channels, particularly in semiconductor technology, amid a backdrop of growing global challenges.
Separately, President Xi Jinping communicated with French President Emmanuel Macron, reinforcing the mutual commitment of China and France to uphold international order and promote bilateral cooperation.
They discussed strategies to enhance collaboration in traditional sectors and expand into groundbreaking fields such as digital economy and biomedicine.
Chinese Vice President Han Zheng, during the opening of the Global Trade and Investment Promotion Summit 2025, emphasized the transformative potential of digital technologies for global trade.
He highlighted China’s commitment to expanding its market openness and fostering high-quality development that welcomes international collaboration.
The summit witnessed participation from over 800 global representatives who voiced support for multilateralism and the necessity for cooperation in trade, technology, and sustainable development.
Key figures from various sectors praised China’s advancements in areas like artificial intelligence and electric vehicles, underscoring China's role as a critical player in the global economy.
Furthermore, preparations are underway for Chinese Premier Li Qiang's official visit to Indonesia, where discussions will focus on cementing bilateral ties and addressing regional cooperation during the upcoming ASEAN-GCC-China Summit in Malaysia.
Finally, Chinese Foreign Minister Wang Yi is set to chair the Third China-Pacific Island Countries (PICs) Foreign Ministers' Meeting in Xiamen.
This meeting aims to strengthen dialogue and solidify partnerships across multiple sectors, and signifies China’s commitment to fostering development within the Pacific region.
Overall, recent dialogues and summits reflect a proactive stance by Chinese leadership to engage with global partners amidst prevailing uncertainties in international trade dynamics.
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