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Li Keqiang Meets with WEF Chairman Klaus Schwab

2017/06/26

On the afternoon of June 26, 2017, Premier Li Keqiang met at the Dalian State Guesthouse with Chairman of the World Economic Forum (WEF) Klaus Schwab and other guests, who were in China for the 2017 Summer Davos Forum.

Li Keqiang spoke highly of cooperation between China and the WEF, and said that the forum’s annual meeting is themed with "achieving inclusive growth in the Fourth Industrial Revolution", carrying realistic significance. Taking the supply-side structural reform as the main line, the Chinese government is seizing the opportunities of the new industrial and technological revolution, further promoting the reform on "delegating power, strengthening regulation, improving services", stimulating market vitality and social creativity through public entrepreneurship and grassroots entrepreneurship, speeding up the transformation from the old to the new power, facilitating employment as well as economic transformation and upgrading, so as to build a new engine for China's economic development.

Li Keqiang pointed out that, to promote world economic recovery requires all countries to meet the challenges together, strengthen macroeconomic policy coordination, promote trade and investment liberalization and facilitation, and build a fairer, more just and open international economic system. China will continue to further its new round of high-level opening-up and create a business environment that features no discrimination and fair competition for both Chinese and foreign-funded enterprises in a bid to achieve mutual benefit and win-win results as well as common development.

Speaking highly of the relevant policies of the Chinese government, Klaus Schwab expressed that the WEF is willing to strengthen its cooperation with China and jointly send a positive signal of stable development and cooperation, so as to contribute to promoting a robust, sustainable and balanced recovery of the world economy.

State Councilor Yang Jing was present.

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