Tiajin, 26 June 2023 (TDI): The 14th Annual Meeting of New Champions will kick off in Tianjin, China, from June 27-29. Prominent world leader has arrived in China to participate in World Economic Forum (WEF) event while it is returning to its tradition of “Summer Davos.”

The World Economic Forum will convene more than 1,500 leaders from various sectors, including business, government, civil society, international organizations, innovators, and academics. This gathering comes at a critical juncture for the global economic recovery.

The theme of this year’s meeting is “Entrepreneurship: The Driving Force of the Global Economy.”

Also read: Premier Li to address 14th Annual Meeting of New Champions

Chinese Premier Li Keqiang extended invitations to these leaders to attend the Summer Davos forum, also known as the Annual Meeting of the New Champions, in Tianjin. The event serves as a platform for discussions among leaders from business, government, and civil society on topics such as innovation, entrepreneurship, and equitable development.

Leadership of Barbados, Mongolia, New Zealand, and Vietnam

China has recently hosted a series of high-profile visits from foreign leaders, signaling its commitment to strengthening ties with nations across the globe. Prime ministers from Barbados, Mongolia, New Zealand, and Vietnam were welcomed in China on June 26, reflecting its efforts to drive momentum into the global economic recovery.

During talks with Barbadian Prime Minister Mia Amor Mottley, Premier Li emphasized China’s regard for Barbados as a “good friend and partner” and expressed a desire to enhance strategic trust and deepen cooperation across various sectors. He proposed building a model relationship based on solidarity, cooperation, and mutual benefit.

Premier Li also affirmed China’s readiness to collaborate with Barbados on joint development projects under the Belt and Road initiative, expand trade and cultural ties, and support the nation’s economic and social development.

China’s ambassador to Barbados, Yan Xiusheng, highlighted the continuous benefits derived from China’s grants, concessional loans, and training programs in the country. China has also contributed to the construction and renovation of local sports facilities, a food security center, and an entrepreneurship program in Barbados. Additionally, medical teams have been dispatched to assist the Caribbean nation.

Chinese Foreign Ministry spokesperson Mao Ning emphasized the significance of Prime Minister Mottley’s visit in terms of strengthening political trust, expanding cooperation, and elevating bilateral relations to new heights.

The visit of Mongolia’s Prime Minister Luvsannamsrai Oyun-Erdene is also highly valued by China, which aims to deepen the comprehensive strategic partnership and foster a shared future with Mongolia.

New Zealand Prime Minister Chris Hipkins’ visit, his first since assuming office, is expected to cover trade and other pertinent issues.

Vietnam’s Prime Minister Pham Minh Chinh, on his first visit to China in seven years, will discuss Belt and Road cooperation, connectivity, and industry stabilization.

Also Read: WEF’s Report on Future of Jobs released

The Summer Davos forum plays a crucial role in helping participants gain a better understanding of China’s economy, its commitment to high-standard opening up, and fostering confidence in long-term investment.

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