DALIAN, Sept 9 (CEIS): As the global meeting of the World Economic Forum (WEF) comes from the Swiss ski resort Davos, where it has been held for decades, to an oriental port city, the world once again casts its eyes to China.
"It has been 36 years since the inception of the forum in 1971.
Starting from this year, the forum will hold an annual Summer Davos in China. This shows the world's increasing interest in China's economic development and the growing cooperation between China and the forum," said Chinese Premier Wen Jiabao at the opening session of the Dalian meeting.
China's economy, which has maintained rapid growth for almost 30 years, shall keep its momentum, said the premier firmly in his keynote speech. "We need to pursue the right domestic and foreign policies and be able to adapt to change to fully seize these opportunities and make good use of these favourable conditions," he said.
The premier dismissed speculation that China's rise in the world would pose threat to other countries. "As China's development has shown and will continue to show, a prosperous, democratic, harmonious, civilised and modernised China will make even greater contribution to maintaining world peace and promoting human progress," he said.
"China has been one of the world's fastest growing economies for two decades," said Klaus Schwab, founder and executive chairman of the WEF. "Many of the new champions are coming from Asia, so Dalian will be a second pillar in the East to complement Davos in the West."
Schwab expressed the belief that the summer meeting will be a success and stay in China for the long run, noting that more and more Chinese growth companies are taking active part in globalisation as China emerges as an economic power and wield greater influence in global economy.
China gains increasing sway in world arena
FE Team | Published: September 10, 2007 00:00:00 | Updated: February 01, 2018 00:00:00
Share if you like