Recently, the World Economic Forum Annual Meeting was held in Davos, Switzerland. Many participants expressed their confidence in China's economic development prospects. In an exclusive interview with China News Service, 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 believes that Chinese Premier Li Qiang’s special speech at the opening ceremony of the World Economic Forum’s 2024 Annual Meeting sent a positive signal and convinced global business elites that investing in the Chinese market is an opportunity. In addition, Claude mentioned three major challenges that China currently needs to face: continuing to boost domestic economic confidence, accelerating the transformation of development models, and balancing technological self-reliance and absorbing foreign investment and external technology. He believes that China will take very prudent measures to successfully deal with these challenges. (Chen Tianhao)
Claude Smadja, Former Managing Director of the World Economic Forum, told China News Network that the world looking forward to the growth of China's economy to expand by 5% again 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. In addition, 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 and the technological injections. He believes China will take a very careful threading of the line to address these challenges.
Editor in charge: [Peng Dawei]