Opening Up, Opportunity & Development
January 24, Davos, Switzerland: Liu He, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and director of the General Office of the Central Leading Group for Financial and Economic Affairs, gives a speech during the Annual Meeting 2018 of the World Economic Forum.
During his speech, Liu declared that China will encourage both inbound and outbound investment and business activities as it seeks greater economic and trade interaction with other countries and works with them to establish an open world economy. After decades of f development, a large middle-income population has emerged in China, giving rise to a vast domestic market. ket. This open market with a fast-growing population of 400 million will contribute significantly to global development, Liu added.
“It was a very positive message from China,” opined ned Mohammed Sharaf, an economy and trade official from om the United Arab Emirates. “China’s opening up not only benefits itself, but also brings huge opportunity to the e whole world.”