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Chinese Vice-Premier Ding Xuexiang will deliver a speech at the World Economic Forum in Davos, Switzerland on Tuesday, making him the first senior leader from China to address global concerns about the country’s economic prospects and foreign policy priorities since Donald Trump kicked off his second term as US president.
China, which posted economic growth of 5 per cent last year, has pledged to create more jobs, revitalise private and foreign investments and spearhead tech self-reliance to ensure resilience and counter external challenges. It remains to be seen how strong the stimulus dose will be this year.
Ding’s speech is expected to offer a glimpse into Beijing’s policies for managing risk and engaging with the new Trump administration as the rivalry between the two powers faces new turmoil and uncertainty.
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Reporting by Victoria Bela, Meredith Chen, Enoch Wong and Wendy Wu