China is ready to push forward with institutional reforms and tap market potential through innovation and entrepreneurship to seize opportunities brought by the latest round of global technological and industrial revolution, Premier Li Keqiang said in a meeting with Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF) in Dalian. Li and Schwab recalled their first meeting in Dalian 12 years ago when the first Summer Davos Forum was held. Premier Li said China is resolved to push forward with a new round
of opening up and vowed to create a fair investment environment for overseas investors. Klaus Schwab said the World Economic Forum is willing to enhance its cooperation with China.

President Xi Jinping vowed to push forward China’s cooperation with northern Europe while meeting Swedish Prime Minister Stefan Lofven and Finnish Prime Minister Juha Sipila. The two Prime Ministers are in China to attend the Summer Davos Forum in Dalian. Xi noted that Sweden was the first Western country to set up diplomatic ties with China.

Over 2,000 prominent leaders from politics, business, civil society, academia and the arts from 84 countries and regions, attended this year’s Summer Davos, which was held under the theme “Achieving Inclusive Growth in the Fourth Industrial Revolution”.