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Summer Davos forum opens in NE China

The World Economic Forum’s Annual Meeting of the New Champions has opened in northeast China’s Dalian city.

The economic forum, known as the Summer Davos, kicked off Wednesday.

About 1,700 participants from more than 90 countries and regions are gathering in the northeast Chinese city of Dalian to discuss new growth strategies.

During the three-day meeting, China’s economic growth potentials are also expected to be a focus of discussions.

SOUNDBITE (ENGLISH) KLAUS SCHWAB, Founder & Executive Chairman of World Economic Forum:
“I have seen China confronted many times with what seem insurmountable problems. What I am always impressed with is the vision behind China’s economic policies, which allows the country to meet those challenges.”

Since 2007, the Chinese port cities of Dalian and Tianjin have alternately hosted the Summer Davos meeting.

Chinese premier Li Keqiang is expected to address the forum on Thursday.

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