Xi's Boao speech receives warm applause

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Xi's Boao message is great for Chinese economy, world

Andrew Geczy, CEO of Terra Firma, one of Europe's leading private equity firms, told China Daily that President Xi's announcement at the Boao Forum for Asia (BFA) Annual Conference 2018 is a great example of his role as a world leader and is great news for the Chinese economy and the world economy.

"When some leaders are creating barriers for business, President Xi is opening up China for more cross-border investments. For Terra Firma, it will mean that there will be more opportunities for Chinese investors to work with us on investments," Geczy said.

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