'Protectionism harmful for all'

More trade, investment freedom needed for global economic growth

While the global economy is undergoing transformation and consolidation, every nation including China should work to advance trade and investment liberalization to promote global growth, rather than resort to protectionism, said Chinese Premier Li Keqiang on Friday.

"Any nation that conducts trade protectionism is doing harm to its neighbors and will bring all parties concerned to a dead end," said Li during his official meeting with Klaus Martin Schwab, executive chairman of the World Economic Forum.