Latest news with #VicePremier


South China Morning Post
6 days ago
- Business
- South China Morning Post
Free trade ‘essential': China's He Lifeng warns Western reshoring threatens supply chains
China's top trade negotiator has criticised Western efforts to de-risk and reshore manufacturing, presenting the world's second-largest economy as a defender of global stability at a high-profile supply chain expo in Beijing Vice-Premier He Lifeng called for a global supply chain system that leverages the comparative advantages of all countries, taking into account their different resource endowments and levels of economic development. 'Some countries are currently intervening in the market in the name of de-risking, using measures such as additional tariffs and restrictions to promote so-called 'manufacturing reshoring',' He said at the opening ceremony of the third China International Supply Chain Expo on Wednesday. 'The redundant development of industrial and supply chains has reduced the overall efficiency of the global economy.' 'Free trade remains an essential requirement for world economic development... There are no winners in tariff wars or trade wars.' Tensions persist between the world's three largest economies – the US, China and the European Union – amid growing uncertainty over the future of global trade.

The Standard
11-06-2025
- Business
- The Standard
China calls for building up consensus with US after 'candid' trade talks
Chinese Vice Premier He Lifeng leaves Lancaster House, on the second day scheduled for trade talks between the U.S. and China, in London, Britain, June 10, 2025. REUTERS


Bloomberg
11-06-2025
- Business
- Bloomberg
China Urges US to Comply With ‘Hard-Won' Deal After London Talks
China cheered a new framework to defuse trade tensions with the US after two days of intense negotiation, calling on both countries to adhere to the agreement and maintain dialogue to stabilize ties. 'As a next step, the two sides should follow the important consensus and requirements reached by the two heads of state on the phone call, further play a good role in the China-US economic and trade consultation mechanism,' Vice Premier He Lifeng said, according to a Wednesday statement published by state broadcaster China Central Television.


LBCI
09-06-2025
- Business
- LBCI
China, US begin new trade talks in London: Chinese state media
China and the United States began a new round of trade talks in London on Monday, Beijing's state media reported, as the world's two biggest economies seek to shore up a shaky truce after bruising tit-for-tat tariffs. "On June 9, local time, Vice Premier He Lifeng... began holding the first meeting of the China-U.S. trade consultation mechanism with the American side in London," state news agency Xinhua reported. AFP


Reuters
29-05-2025
- General
- Reuters
China's vice premier stresses production safety after deadly chemical plant blast
BEIJING, May 29 (Reuters) - China's Vice Premier Zhang Guoqing on Thursday urged authorities to learn from recent incidents and remain vigilant about production safety, the official Xinhua news agency reported. Special attention must be paid to key industries including firefighting, hazardous chemicals, gas, mining, transportation and construction, Zhang said. The vice premier made the remarks at a production safety event after a chemical plant explosion in China's eastern province of Shandong on Tuesday killed at least five people and six remain missing.