China embraces the world with open arms

Transcript of Premier Li Keqiang's dialogue with WEF chief and international business leaders at the Annual Meeting of the New Champions 2018

On Wednesday, following his address at the opening ceremony of the Annual Meeting of the New Champions 2018 held in Tianjin, Premier Li Keqiang took a question from Executive Chairman of the World Economic Forum Klaus Schwab. On Thursday, Li sat down for a dialogue with representatives of international business leaders attending the Annual Meeting. Below is a transcript of these interactions:

Professor Schwab: Premier Li Keqiang, thank you for this very comprehensive presentation of your government's policy. I also feel there are many messages in your speech which are certainly reassuring for foreign and Chinese leaders present here. I want to thank you for taking the time to develop in such a detailed way your policies and your intentions. You developed a concept on how China will keep up reform and opening-up. Now many of the business leaders are concerned about the credit situation and the financial situation, the financial risk of the country, particularly related to the issue of deleveraging. What is your response here?