Claude Smadja, former general manager of the World Economic Forum, said that the world is full of expectations for China’s economic development in 2024. He considered Chinese Premier Li Qiang's speech in Davos as a positive one trying to convince the international business community that China is a good place to invest.
Claude also mentioned three challenges China now faces, including the restoration of consumer confidence, the shift of the growth model, and the balance between China's scientific and technological leadership in certain areas.