Special Address by Li Qiang, Premier of the People's Republic of China | Davos 2024

TL;DR

Chinese Premier Leang emphasizes the importance of trust in overcoming challenges and proposes five key solutions for rebuilding trust and enhancing cooperation, including strengthening macroeconomic policy coordination and promoting green development.

Transcript

e for dear guests ladies and gentlemen it's my great honor and privilege to introduce his Excellency Premier leang Premier of the People's Republic of China while his marks uh Premier Le in augural participation in the annual meeting here in Davos he's no stranger to the world economic Forum we were privileged to host him at the summer D in tanin l... Read More

Key Insights

• 🌐 Trust is crucial for overcoming challenges and rebuilding a better future. Trust is eroded in the global economy, and rebuilding it is essential for progress and cooperation.
• 🤩 Premier Leang proposes five key solutions, including strengthening macroeconomic policy coordination, promoting international industrial specialization, and increasing cooperation on science and technology.
• 💚 China is dedicated to green development and tackling climate change. Premier Leang emphasizes the need for cooperation in this area to remove barriers and achieve a complete transition to a greener economy and society.
• 🇬🇸 North-South and South-South cooperation is vital for bridging development gaps and creating a universally beneficial and inclusive world economy.
• 👨‍💼 China is committed to opening up and providing a favorable business environment for foreign investment. The country aims to share its opportunities and develop together with all nations, embracing investments from businesses worldwide.
• 💦 Artificial intelligence must be people-centered and inclusive, benefiting the majority of mankind. China is actively working on policies and regulations to ensure the sound development and governance of AI.

Questions & Answers

Q: What are the five proposals for rebuilding trust and enhancing cooperation put forth by Premier Leang?

The five proposals include strengthening macroeconomic policy coordination, promoting international industrial specialization, increasing cooperation on science and technology, enhancing cooperation on green development, and strengthening North-South and South-South cooperation.

Q: How does Premier Leang believe trust can be rebuilt in the global economy?

Premier Leang believes trust can be rebuilt by fostering shared aspirations for a better future and working together towards that vision. He emphasizes the importance of discarding prejudice, bridging differences, and tackling the trust deficit as one united international community.

Q: How does Premier Leang view the role of artificial intelligence in global governance?

Premier Leang believes artificial intelligence should be people-centered and inclusive, serving the common good of humanity. He emphasizes the need for AI governance that respects ethical boundaries and benefits the majority of mankind. China is actively working on policies and regulations to ensure the sound development and governance of AI.

Q: What role does China play in strengthening the rules-based multilateral global system?

Premier Leang emphasizes that true multilateralism should be based on rules universally recognized by the international community, particularly the basic norms governing international relations outlined in the UN Charter. China, as a staunch supporter of multilateralism, fulfills its international obligations faithfully, upholds recognized rules, and practices true multilateralism.

Summary & Key Takeaways

• Premier Leang highlights the need to rebuild trust in the face of eroded foundations, emphasizing shared aspirations for a better future and the importance of working together.

• He proposes five solutions for rebuilding trust and enhancing cooperation, including strengthening macroeconomic policy coordination, promoting international industrial specialization, and increasing cooperation on science and technology.

• Premier Leang also discusses the importance of strengthening cooperation on green development and addressing climate change, as well as enhancing North-South and South-South cooperation for a universally beneficial and inclusive world economy.