Beijing commits to ‘opening its door still wider’ over Davos debate on economic policies

China Daily: The World Economic Forum Annual Meeting 2024 held in Davos, Switzerland, receives world attention. There are two voices at the meeting. One is for de-risking with export controls and other measures in trade for national security. The other is for cooperation as it’s the only way to rekindle dynamism and solve problems. What’s your comment?  Mao Ning: Premier Li Qiang attended the annual meeting and delivered a special address. He stressed that in today’s world with very close economic linkages between countries, fragmented and separate responses will only leave the world economy more fragile. China believes that what truly serves the common interests of all is to fully respect the laws of international industrial specialization, firmly advance trade and investment liberalization and facilitation, tighten the bond of cooperation, and make the pie of mutual benefit bigger. Countries need to step up dialogue and communication, take more coordinated and effective measures, firmly uphold the multilateral trading system, jointly improve global economic governance, and foster new drivers of global growth. As the second largest economy in the world, China is an important engine of global development with its contribution to world economic growth at around 30 percent over the years. China is now advancing Chinese modernization on all fronts through high-quality development and will continue to provide strong impetus for the world economy. China has a supersize market with rapidly unlocked demand. In face of weak global demand, market becomes the most scarce resource. The Chinese market, with its vast space and growing depth, will play an important role in boosting aggregate global demand. China will remain firmly committed to opening up, share our opportunities and develop together with all in the world. As underlined by Premier Li Qiang, China embraces investments from businesses of all countries with open arms, and will work tirelessly to foster a market-oriented, law-based and world-class business environment. Choosing the Chinese market is not a risk, but an opportunity. China will open its door still wider to the world. __________________ ShanghaiEye focuses on producing top-quality contents. Nobody knows SHANGHAI better than us. Please subscribe to us ☻☻☻ __________________ For more stories, please click ■ What’s up today in Shanghai, the most updated news of the city ■ Amazing Shanghai, exploring the unknown corners of the city, learning the people, food and stories behind them ■ What Chinese people’s lives are like during the post COVID-19 period ■ Views of foreign scholars on China and its affairs ■ Foreign faces in Shanghai, people living in this city sharing their true feelings ■ Mini-docs showing why China is the country it is today __________________ ☎Leave us messages if you have any suggestions or questions! Thank you!