"Funds are beginning to flow", [International Public Opinion Review] Summer Davos Forum: "Transactions are reaching World | Economy | Forum

Release time:Apr 14, 2024 00:39 AM

The 14th Summer Davos Forum, with the theme of "Entrepreneurial Spirit: The Driving Force of the World Economy", was held in Tianjin from June 27th to 29th. Global political, business, and academic leaders gathered together to experience the strong pulse of China's economy and explore the path of world economic recovery and high-quality and sustainable development.

After a four-year hiatus, the Summer Davos Forum resumed offline hosting for the first time. At the critical moment of global economic recovery in the post pandemic era, China's confidence, China's plan, and China's strength have become the focus of international public opinion. Openness, cooperation, and win-win have become the key words for China's economic recovery.

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"The handshake has begun, the transaction is being reached, and funds are beginning to flow."

China's remarkable achievements in the fields of economy, society, and diplomacy have continuously boosted the public opinion of the Summer Davos Forum, as well as the enthusiasm of guests from all walks of life at home and abroad to attend. For global enterprises, China is synonymous with confidence, opportunity, and vitality. The main theme of the forum is to promote friendship, discuss cooperation, and seek development. Foreign media sincerely lament that "the handshake has begun, transactions are being reached, and funds are beginning to flow.".


"Funds are beginning to flow", [International Public Opinion Review] Summer Davos Forum: "Transactions are reaching World | Economy | Forum

On June 27th, participants prepared to enter the venue of the 14th Summer Davos Forum. The Australian website Mirage News reported that the 2023 Summer Davos Forum will inject new impetus into innovation and entrepreneurship, driving growth and building a more equitable, sustainable, and resilient global economy.

The founder of the World Economic Forum, Schwab, stated at the opening ceremony of the Summer Davos Forum that "China has achieved remarkable results in many fields" and "the forum has a broad and friendly partnership with China for over 40 years. Both sides will continue to suppress division and strive to promote dialogue, understanding, and cooperation, because we represent a future where countries must work together for the collective well-being of humanity.".

Iran's Tasnim News Agency believes that the Summer Davos Forum is an opportunity for China to attract overseas capital and governments of various countries. Business and political leaders from around the world attended the forum, including New Zealand Prime Minister Hopkins, World Trade Organization Director General Ibrahim, and Saudi Minister of Economy and Planning Ibrahim.

Al Monitor, a Middle East news website headquartered in the United States, reported that Saudi Minister of Economy and Planning Ibrahim was one of the Saudi officials attending the Summer Davos Forum, further indicating that the relationship between Saudi Arabia and China is strengthening. Saudi Arabia sent a total of 24 officials and business figures to participate in the forum.

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"Funds are beginning to flow", [International Public Opinion Review] Summer Davos Forum: "Transactions are reaching World | Economy | Forum

"The forum echoes the image of China as a 'defender of multilateralism'."

Premier Li Qiang emphasized key words such as "exchange", "cooperation", "openness", and "peace" in his speech at the opening ceremony of the Summer Davos Forum, which resonated with leaders from the attending political, business, and academic circles. Faced with the changing world, China's proposals and solutions are highly anticipated.

On the morning of June 27th, Premier Li Qiang attended the opening ceremony of the 2023 Summer Davos Forum in Tianjin and delivered a speech. Iran's Tasnim News Agency believes that Premier Li Qiang's speech is a rare opportunity for the outside world to learn about the development roadmap of the world's second-largest economy.

Singapore's Straits Times reported that Premier Li Qiang's speech at the 2023 Summer Davos Forum on the 27th was enthusiastic. His commitment to achieving higher economic growth rates, developing a market economy and free trade, and building an "inclusive" world has attracted much attention.

Qatar's Al Jazeera TV pointed out that Premier Li Qiang called for strengthened communication and exchange in his opening speech at the Summer Davos Forum to avoid misunderstandings. This forum echoes the image of China as a defender of multilateralism.


"Funds are beginning to flow", [International Public Opinion Review] Summer Davos Forum: "Transactions are reaching World | Economy | Forum

According to Vietnam News, Vietnamese Prime Minister Pham Myung sung stated at the 14th Summer Davos Forum that strengthening international solidarity is one of the priorities for countries to cope with economic headwinds and achieve stronger recovery.

Hungarian Foreign Minister Szyardo pointed out that "decoupling" and "de risk" are equivalent to "suicide" for the European economy. How could decoupling be possible without stifling the European economy?

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"The sustained release of China's economic vitality and potential will inject strong confidence and momentum into the world economic recovery."

After three years of global pandemic, the Summer Davos Forum has resumed offline hosting for the first time, with post pandemic recovery of the world economy becoming a core issue. China's role as a leader in the process of globalization, a driver of global economic recovery, and a provider of international cooperation platforms has been widely recognized by the international community.


"Funds are beginning to flow", [International Public Opinion Review] Summer Davos Forum: "Transactions are reaching World | Economy | Forum

At the opening ceremony of the 14th Summer Davos Forum. The Wall Street Journal of the United States commented that Premier Li Qiang spoke of confidence in the Chinese economy during his keynote speech at the Summer Davos Forum. He stated that China's GDP growth in the second quarter may exceed that of the first quarter, and the goal of an annual growth rate of around 5% is still expected to be achieved. China has room and potential for further development.

The Russian newspaper "Shimbun" pointed out that the convening of the 14th Summer Davos Forum once again proves the importance of China, the world's second largest economy, on the international stage. Several attending guests expressed that the Chinese market is very important, and the continuous release of China's economic vitality and potential will inject strong confidence and momentum into the world economic recovery.

Professor Groot from the Haas School of Business at the University of California, Berkeley believes that the Chinese economy will continue to grow, achieve innovation led growth, and produce more high-quality and breakthrough products. China will maintain a very important position in the world and play an important role in leading global economic growth.

The Financial Times reported that on the sub forum "The Future of the the Belt and Road Initiative", Sekai Nzeza, Minister of Industry and Commerce of Zimbabwe, said that the "the Belt and Road Initiative" is of special practical significance because Zimbabwe is a landlocked country, and the main challenges it faces are logistics, transportation and energy gaps. The "the Belt and Road Initiative" just aims at these weaknesses, helping Zimbabwe strengthen investment and trade. Similar projects are also being carried out in other African countries besides Zimbabwe.

Source | Dean of Contemporary China and World Studies Slightly Think Tank


"Funds are beginning to flow", [International Public Opinion Review] Summer Davos Forum: "Transactions are reaching World | Economy | Forum

Author | Liu Xinlan and Wang Yao

WeChat Editor | Niu Huiying

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