Liu He attended the 2023 annual meeting of the World Economic Forum and delivered a speech

2023-01-18

Vice Premier Liu He attended the 2023 annual meeting of the World Economic Forum in Davos on January 17 and delivered a speech. In accordance with the spirit of the Twentieth National Congress of the Communist Party of China, the recently held Central Economic Work Conference made a plan for economic work in 2023, stressing that development must be the first priority, adhere to the direction of socialist market economy reform, adhere to the all-round expansion of opening up, adhere to the rule of law, and adhere to innovation-driven development. Through efforts, China's economy will achieve an overall improvement this year. It is a high probability event that the growth rate reaches the normal level. Liu He pointed out that China's financial system is generally sound. In view of the risks in the real estate sector, we strive to stabilize expectations, provide reasonable liquidity, relax the regulatory measures in the overheated period, and actively expand effective demand. The stable development of China's real estate industry in the future still has enough demand support. China's basic national conditions determine the need to open to the outside world and constantly improve the quality and level of opening to the outside world. We oppose unilateralism and protectionism and promote comprehensive strengthening of international cooperation. The theme of the annual meeting of the Forum is "Strengthening cooperation in a divided world". During the meeting, Liu He met and exchanged views with politicians, scholars and entrepreneurs of relevant countries as required. Before attending the forum, Liu He met with Swiss Federal Commissioner and Minister of Finance Keller Zutter and former Federal Commissioner and Minister of Finance Maurer in Zurich respectively. The two sides are willing to jointly promote the development of China-Switzerland relations and deepen cooperation in such fields as economy, trade, finance and innovation. (Xinhua News Agency)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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