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Speech by Chinese Premier Li Qiang at WEF 2024 Opening Ceremony Davos 2024
Chinese Premier Li Qiang addressed the World Economic Forum Annual Meeting 2024 in Davos, Switzerland. Here is the complete speech: Your Excellency President Viola Amherd, Professor Klaus Schwab, Your Excellencies State Leaders and Heads of International Organizations, Ladies and Gentlemen, Friends, Greetings to you all. It gives me great pleasure to come to the beautiful Davos for the World Economic Forum Annual Meeting 2024. The theme of this meeting, "Rebuilding Trust," resonates well with people's concerns and will surely strike a chord with many. As I see it, the word "rebuild" implies at least three things. First, trust was once prevalent, enabling significant progress in economic globalization. Second, the foundation of trust has now eroded, aggravating risks to global growth. Third, rebuilding trust is essential, requiring the discard of prejudice, bridging differences, and working as one to tackle the trust deficit. Where does trust come from? It comes from our shared aspiration for a better future and our common will to work together for that vision. Changes in the world are unfolding like never before, and the world has entered a new period of turbulence and transformation. However, the overall direction of human development, the dynamics of world history, and the trend toward a shared future for the international community will not change. Cherishing communication, exchange, solidarity, cooperation, openness, and peace is crucial. In this context, I propose five measures for rebuilding trust and enhancing economic cooperation:
  1. Strengthening macroeconomic policy coordination for global growth.
  2. Enhancing international industrial specialization and collaboration for stable global industrial and supply chains.
  3. Promoting international exchanges and cooperation on science and technology.
  4. Boosting cooperation on green development to tackle climate change.
  5. Strengthening North-South and South-South cooperation for an inclusive world economy.
China values credibility, consistently proving its commitment to the world. However, subjective factors also contribute to the trust deficit. Earning trust requires sincerity, mutual treatment, and shared goals. Under the current circumstances, the world economic recovery requires strong support. The Chinese economy is making steady progress, contributing significantly to global development. China's solid fundamentals, industrial capabilities, production factors, and innovation capacity make it a reliable engine for the world economy. China's supersize market, rapidly unlocking demand, provides a significant stage for businesses and talents globally. China remains committed to opening up, creating favorable conditions for the world to share in its opportunities. In conclusion, I wish this annual meeting a complete success. Thank you.
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