Minister of Finance Liao Fu'an: China will adopt a more proactive macroeconomic policy to push forward the achievement of the full-year growth target.
On April 24, 2025, the World Bank held the 111th meeting of the Development Committee in Washington, USA, and approved the report "Employment: Path to Prosperity". Lan Foan stated that currently, trade protection policies pose significant risks to global poverty reduction and development efforts. China calls on the World Bank and other international organizations to advocate for non-discrimination principles, free trade principles, and jointly uphold an open and cooperative international environment. Lan Foan pointed out that China is a beneficiary and contributor to global economic integration, with China's contribution to global economic growth remaining at around 30% in recent years. In the current complex external environment, China will adopt more proactive macroeconomic policies to achieve the annual growth target, and continue to provide stability and momentum for the global economy. China adheres to the basic policy of reform and opening up, providing zero-tariff treatment to products from all least developed countries with diplomatic relations, and is willing to further open its doors to share its vast market with the world for mutual benefit.
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