World Eyes China at Davos: A Stabilizing Force Amid Global Turbulence and Advocate for Multilateral Order

Deep News01-22

As the World Economic Forum's 2026 Annual Meeting unfolds in Davos, Switzerland, the global spotlight increasingly turns towards China. With leaders from major world economies and heads of international organizations delivering their addresses, there is growing focus on the robust momentum and stabilizing force China injects into the global economy against a backdrop of complex and volatile international conditions.

Foreign media outlets, including Reuters and AFP, have widely focused on how China is projecting confidence to the world, interpreting the profound implications of its economic strategy for the global landscape.

Furthermore, Singapore's Lianhe Zaobao noted that during his address at the Davos Forum, He Lifeng, a member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, stated that China has prioritized domestic demand as the primary task for its 2026 economic work. This involves vigorously boosting consumption and accelerating the transition from being a "manufacturing powerhouse" to becoming a "consumption powerhouse."

Lianhe Zaobao cited expert analysis suggesting that He Lifeng's speech not only comprehensively addressed Western skepticism about China's economic development model but also conveyed to the world China's resolve to further expand market openness and purchase more global goods and services.

Reuters highlighted that the participants at the 2026 World Economic Forum Annual Meeting included numerous national leaders as well as top executives from the technology and finance sectors. At the forum, the Chinese delegation presented an image of "China as a reliable trade and investment partner" to the outside world.

Simultaneously, the European website Modern Diplomacy mentioned that China's core economic propositions at the Davos Forum include achieving high-quality development, shifting the economic growth model from traditional export-orientation to one reliant on domestic demand, advanced manufacturing, and green transformation, while also supporting global innovation and policy-making in areas like artificial intelligence. China has repeatedly reaffirmed its firm commitment to open policies and continuous integration into the global economy.

China's voice at the Davos Forum extends beyond economics. Foreign media, including the British Broadcasting Corporation (BBC), believe that against a backdrop of global instability, China is projecting an image of a "mature, world's second-largest economy." Some experts suggest that against the backdrop of US strategic adjustments and a weakening global governance framework, China is expected to, and is already, playing a more active stabilizing role.

Singapore's Lianhe Zaobao reported that Sino-US economic and trade relations have moved from a turbulent phase to overall stability over the past year. The report noted that He Lifeng pointed out this fully demonstrates that as long as there is equal consultation and mutual effort, solutions can always be found to overcome problems.

The European website Modern Diplomacy stated that as a major global economic power, China's participation in this forum aims to strengthen international cooperation and inject strong momentum into the global economy in these uncertain times.

Modern Diplomacy observed that the Chinese side particularly emphasized the importance of dialogue and a firm determination to achieve high-quality growth.

The media outlet noted that China's strategy at the Davos Forum revolves around several key pillars. The most prominent among these is China's commitment to building a community with a shared future for mankind, supporting and promoting a multipolar world process, as opposed to a model of unilateral hegemony. This underscores the necessity of building an open and inclusive international system based on justice and equality, rather than forming opposing blocs.

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