DAVOS, Switzerland -- Chinese Vice-Premier Ding Xuexiang on Tuesday delivered a special address at the World Economic Forum Annual Meeting 2025 in Davos, Switzerland. The following is the full text of the speech entitled "Keeping to the Right Path of Multilateralism and Promoting Open and Inclusive Development":

Ding Xuexiang told the World Economic Forum that a 'tug of war' was underway between supporters and opponents of economic globalization.

China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday.

It's that time of year when the great and good gather for the annual World Economic Forum in Davos, Switzerland. But who's skipping the event is more telling.

Vice Premier Ding Xuexiang warned on Tuesday that no country would emerge victorious from a trade war, in a speech to the World Economic Forum in

China is not aiming for a trade surplus and wants to import more high-quality goods to balance international trade, according to Vice Premier Ding Xuexiang. At the World Economic Forum, Ding emphasized that global trade benefits everyone and criticized protectionism,

Ding Xuexiang also tells Davos that Beijing isn’t pursuing a trade surplus and there are ‘no winners in a trade war’.

Special Address by H.E. Ding Xuexiang Vice Premier of the State Council of the People's Republic of China At the World Economic Forum Annual Meeting 2025 Davos, January 21, 2025 Professor Klaus ...

Chinese Vice Premier Ding Xuexiang on January 21 delivered a special address at the World Economic Forum Annual Meeting 2025 in Davos, Switzerland. The following is the full text of the speech entitled "Keeping to the Right Path of Multilateralism and Promoting Open and Inclusive Development": Special Address by H.E. Ding Xuexiang

Chinese Vice-Premier Ding Xuexiang on Tuesday delivered a special address at the World Economic Forum Annual Meeting 2025 in Davos, Switzerland. [Photo/Xinhua] DAVOS, Switzerland -- Chinese Vice ...

Chinese Vice Premier Ding Xuexiang met with global finance and business leaders including Blackstone CEO Steve Schwarzman, Bridgewater Associates founder Ray Dalio and JPMorgan CEO Jamie Dimon during a private lunch in Davos on Tuesday.

Since it came into effect in 2013, the Sino-Swiss FTA has played a positive role in promoting bilateral trade, and enterprises in both countries have greatly benefited from it. China is now Switzerland's third-largest trading partner, while Switzerland is China's sixth-largest in Europe.