But GDP growth is not China's only concern, as Schwab put it, China has also realized the importance of improving people's lives and protecting the environment.
To play a better role in the world economic arena, he suggested the Chinese government be responsive and responsible and take on certain social responsibilities and obligations on a global level to help make the global system more open.
To help China further integrate into the world economy, the first China International Import Expo, the world's first import-themed national-level expo, will be held in November.
"It's very important. We need open markets, but we also need a certain equilibrium between exports and imports to safeguard global peaceful and collaborative relations," Schwab said.
Established by the World Economic Forum in 2007, the Summer Davos Forum is held annually in China, alternating between the two port cities of Tianjin and Dalian.
Themed "Shaping Innovative Societies in the Fourth Industrial Revolution," nearly 200 meetings will be held from Tuesday to Thursday. More than 2,000 politicians, businesspeople, scholars, and media representatives will attend the event.
Schwab sees innovation as the most important factor for competitiveness in the future.
"Competition of the future will be not so much based on the ability to produce with low costs. It will be determined by being the first in adapting and adopting new innovative products and services," he explained.
【国内英语资讯:China Focus: WEF founder optimistic about Chinas growth】相关文章:
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