Chinese Premier Li Qiang has indicated that China is considering implementing new policy tools, including “unconventional measures,” in response to the “severe impact” on the international economic and trade order.
Speaking at a symposium with Chinese firms in Jakarta over the weekend, Li stated that the fragmentation of industrial and supply chains, coupled with increasing trade barriers, is significantly impacting the economic development of all countries, according to state news agency Xinhua.
Li emphasized that China is actively studying new policy tools and that these measures will be launched as the situation evolves.
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Furthermore, Li affirmed China’s commitment to strengthening economic cooperation with more countries to support the overseas business development of Chinese enterprises.
The symposium included representatives from prominent Chinese companies such as Huawei, SAIC Motor, and New Hope Group.
Li is currently on a three-day visit to Indonesia, which will conclude on Monday. Following this, he will travel to Malaysia for the ASEAN-GCC-China Summit.
