2025.10.29
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On October 27, at the 2025 Financial Street Forum Annual Meeting, Zhu Hexin, Deputy Governor of the People's Bank of China and Administrator of the State Administration of Foreign Exchange, stated that China has shared development opportunities with countries around the world and made significant contributions to enhancing global economic and trade resilience and upholding global trade rules. China boasts the most comprehensive industrial sectors and the most comprehensive supporting infrastructure. By providing high-quality, Chinese-made products and stable Chinese supply, and strengthening international cooperation in industrial chains and supply chains, China has provided strong support for the smooth circulation of the global economy. China is unwaveringly deepening reform and expanding opening up, providing not only stability on the supply side but also a vast market on the consumer side. China is accelerating the development of new productivity, promoting industrial transformation, and continuously deepening international cooperation in areas such as the digital economy, artificial intelligence, and new energy. China has solemnly put forward its global governance initiative, firmly upholding the multilateral trading system with the World Trade Organization at its core, advocating for inclusive economic globalization, and providing strong support for developing countries to better participate in the global division of labor and integrate into the global trading system through the high-quality joint construction of the Belt and Road Initiative.
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