China to speed up 'new productive forces', boost stability in global economy, vice president says
- Country:
- China
China will accelerate the development of "new productive forces" and bolster stability and security for the global economy, Vice President Han Zheng said on Tuesday.
The term "new productive forces" was coined by President Xi Jinping last September, underscoring the need for economic development based on innovation in advanced sectors.
Han, speaking at an investment summit in Beijing, also said it is important to promote economic globalisation and smooth global industrial and supply chains.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- China
- Xi Jinping
- Beijing
- Han Zheng
Advertisement
ALSO READ
China 'deeply concerned' about escalation after Iran strikes Israel
China EV maker Nio urges openness in US speech amid tensions
Germany's Scholz kicks off China trip amid tensions over EVs, Russia
China 'deeply concerned' about escalation after Iran strikes Israel
China detains 2 over tourist boat capsizing that killed 12, citing lack of safety equipment