Liu He Attends and Addresses the World Economic Forum Annual Meeting 2018

On January 24, 2018 local time, Member of the Political Bureau of the Central Committee of the Communist Party of China (CPC) and Director of the General Office of the Central Leading Group for Financial and Economic Affairs Liu He attended and addressed the World Economic Forum Annual Meeting 2018 in Davos.

Liu He expressed that last year, President Xi Jinping delivered a well-known speech in Davos, which was generally well-received by the international community. Over the past year, China has actively implemented the proposals put forward by President Xi Jinping and promoted the process of economic globalization with practical actions. Liu He pointed out that the 19th CPC National Congress established a new central leadership with Comrade Xi Jinping at its core, established Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era as an action guideline for China's development, set the grand goals of building a moderately prosperous society in all respects in 2020 and of taking a two-step approach to build a great modern socialist country in 2050 as well as made it clear the top-level design of China's economic policies in the next few years. As China's economy has been transitioning from a phase of rapid growth to a stage of high-quality development, in the next few years, China's major policies will all be conducted centering on this general requirement. China will pursue supply-side structural reform as the mainline and take resolute steps to win the three tough battles, namely preventing major risks, targeted poverty alleviation and pollution control, so as to ensure the completion of the building of a moderately prosperous society in all respects.

Liu He stressed that China will continue advancing all-round opening up, significantly ease market access and actively push ahead with the "Belt and Road" construction. China will uphold the global governance concept featuring extensive consultation, joint construction and shared benefits, firmly safeguard multilateralism and multilateral trade regimes, push for fostering a new type of international relations and advance the building of a community with a shared future for mankind.

The theme of the forum is "Creating a Shared Future in a Fractured World". Heads of state or government from more than 70 countries attended the annual meeting. Liu He also met at request with some political heavyweights from other countries on the sideline of the meeting.

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