April 25, 2024
World Economy

Li Qiang Attends the World Economic Forum Luncheon

On January 16, 2024 local time, Premier Li Qiang of the State Council had an exchange of views with heads of multinational companies at the World Economic Forum (WEF) luncheon hosted by Founder and Executive Chairman of the WEF Klaus Schwab in Davos.

Li Qiang said, multinational companies have been participants, witnesses and beneficiaries of China’s reform and opening up. The overall trend of China’s long-term economic growth will not change, and will provide more development opportunities for enterprises of all countries. Investing in China will bring huge returns and a better future.

Li Qiang pointed out that under the current circumstances, fragmented battles will only make it more difficult for the world economy to recover. China opposes all forms of camp division and confrontation, and will open its door wider to the outside world. China welcomes foreign enterprises to invest and do business in the country, stands ready to seriously study and solve the difficulties and problems encountered by foreign-funded enterprises operating in China, ensures national treatment for foreign-funded enterprises, and creates a stable, fair and predictable business environment. Li Qiang expressed the hope that everyone will continue to make good use of the opportunities brought by China’s development and achieve better and greater development in China.

Heads of 14 multinational companies, including Walmart, JPMorgan Chase, Intel, BASF, Volkswagen, and Siemens, attended the luncheon. They said that over the years, their investments in the Chinese market have achieved tremendous success, and they are full of confidence in China’s economic development. They are willing to continue to deepen cooperation with China, persist in developing in China, and contribute to China’s development.

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