Xi's speech in Davos receives warm applause

Jurgen M. Geissinger

CEO of German energy solution company Senvion

President Xi Jinping has given a "visionary statement" in his opening speech at the World Economic Forum on Tuesday, which is about the future, globalization and an open market, according to Jurgen M. Geissinger, CEO of German energy solution company Senvion.

Geissinger said Xi also talked about the fight against protectionism and bringing the world closer together, which will create an open global environment to encourage the flow of trade, capital, technology and human resources.