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China willing to leverage its market advantages, share opportunities with world: vice premier

China

China

China

China willing to leverage its market advantages, share opportunities with world: vice premier

2026-01-21 02:01 Last Updated At:15:57

China's development is an opportunity, not a threat, and China is willing to leverage its market advantages and share its opportunities with other countries, Chinese Vice Premier He Lifeng said on Tuesday at the World Economic Forum in Davos, Switzerland.

China adheres to the principles of equality, mutual benefit and resolving issues through consultation to create win-win and multi-win outcomes, he added during his special address at the forum.

"China's development presents an opportunity, not a threat, to the world's economy. When it comes to differences and misunderstandings in international economic and trade cooperation, China calls for equal consultation to enhance mutual trust, bridge differences and solve problems," said He.

The vice premier highlighted that China will continue to expand its opening-up.

"China will open its door still wider to the world. China will actively expand voluntary opening-up, and proactively align with high-standard international economic and trade rules. China will continue to foster a market-oriented, law-based and internationalized business environment, provide equal treatment for both domestic and foreign enterprises. We welcome foreign enterprises to continue to invest in China and share in China's opportunities. We hope governments of other countries can provide a fair, non-discriminatory, transparent and predictable investment environment for Chinese enterprises," he said.

Under the theme "A Spirit of Dialogue", the 2026 WEF meeting opened on Monday in the Swiss Alpine town of Davos and will run through Friday. About 3,000 leaders and experts from around the world are gathering to discuss five pressing global challenges, including enhancing cooperation, unlocking new sources of growth and deploying innovation at scale and responsibly.

China willing to leverage its market advantages, share opportunities with world: vice premier

China willing to leverage its market advantages, share opportunities with world: vice premier

China willing to leverage its market advantages, share opportunities with world: vice premier

China willing to leverage its market advantages, share opportunities with world: vice premier

Russia said on Tuesday that its armed forces had struck numerous Ukrainian military-industrial enterprises, while Ukraine reported strikes against multiple Russian military targets.

The Russian Ministry of Defense said in its latest report its forces carried out large-scale strikes in the early hours of Tuesday in response to Ukrainian attacks on civilian infrastructure within Russia.

Using land-based and air-launched long-range high-precision weapons as well as attack drones, Russian troops targeted Ukrainian military-industrial enterprises, as well as energy and transport infrastructure facilities supporting the Ukrainian Armed Forces, ammunition depots, and workshops producing long-range unmanned aerial vehicles. All designated targets had been hit, the ministry said.

Meanwhile, the General Staff of the Armed Forces of Ukraine said on Tuesday that the Ukrainian air force, missile troops, and artillery units conducted a series of strikes against Russian military personnel and equipment, command posts, and artillery systems.

It noted that Ukrainian forces had also launched multiple assaults against Russian troops in the directions of Kupiansk in the Kharkiv Oblast and Lyman in Donetsk, and repelled 44 Russian assaults in the direction of Pokrovsk, another city in the Donetsk region.

Russia reports strikes on Ukrainian military-industrial enterprises, Ukraine hits Russian military targets

Russia reports strikes on Ukrainian military-industrial enterprises, Ukraine hits Russian military targets

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