BEIJING, July 9 (MENA) - Chinese Premier Li Qiang said the Chinese economy is fully capable of withstanding any external shocks and achieving long-term stable growth, CGTN reported Wednesday.

Meeting with representatives of Chinese enterprises operating in Brazil Li said, that since the year's beginning, the Chinese economy has held up under pressure and maintained sustained and positive momentum.

After listening to the remarks from the participants he said, the first half of the year has witnessed the resilience of China's economic growth with potential in domestic demand and bright spots in innovation.

The Chinese economy will always provide staunch support for Chinese companies operating overseas, the premier said, adding that the government will provide better services and guarantees for enterprises, strengthen the building of various mechanisms and platforms for economic and trade cooperation and improve the overseas comprehensive service system.

Greater policy support will be introduced in such areas as policy consultation, finance, credit insurance and security, in order to create a better environment for enterprises and better facilitate their development, Li added.

He said he hopes Chinese companies can adapt to the trend and take proactive actions. They should build strong brands, strengthen planning, and enhance the global competitiveness of "Made in China" and "Created in China," Li added.

It is essential to cultivate the local markets deeply by providing consumers with more products and services that meet market demand, the premier said, adding that Chinese companies should use Brazil as a platform to expand into the broader Latin American market and strive for greater development.

Li said that Chinese enterprises must respect local laws, regulations and cultural practices, operate in compliance with legal requirements, actively undertake social responsibilities, and strive to forge a responsible and accountable image. (MENA)

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