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ASIAdocument.write(“” + m[today.getMonth()+1]+ ” “+ today.getDate()+”, ” + theYear + ” “);HOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperChina Daily Global PDFChina Daily Global E-paperOpinion / Op-Ed ContributorsEditorialsOp-EdColumnistsContributorsCartoonsSpecialsFrom the PressForum TrendsTalk from streetDebateEditors Pick:Syrian refugeescyberspaceV-Day paradeshrimp scandalTPPOptimism over Chinas economy won out at DavosBy Fu Jing (China Daily) Updated:2016-01-26 08:16Comments Print Mail Large Medium SmallChinese Vice President Li Yuanchao was giving a special address injecting confidence into global leaders of politics and businesses at the annual meeting of World Economic Forum in Davos, Switzerland on Thursday. [Photo by Fu Jing/China Daily]For years, Chinas economy has been center stage at the World Economic Forums annual meeting in Davos, Switzerland. This years gathering last week was no exception. While also focusing on new global trends, the EUs migrant crisis, terrorism, regional conflicts and other issues, China was still a primary subject.The participants even showed their concerns in a straightforward way.”Is Chinas economy still Ok?” I was repeatedly asked.And other Chinese participants and journalists were asked the same question.This is not the first time that the world has been gripped with anxiety about the state of the Chinese economy. Fortunately, the forecasts of doom in the past, which predicted a hard landing and economic collapse, have never come true, and they are unlikely to materialize this time too.Vice-President Li Yuanchao provided figures and vivid stories in his speech, to answer the question and convince attendees at this years gathering that Chinas economy is still doing well and has sound fundamentals.For example, he said China has boosted entrepreneurship by cutting the red tape for business startups, which has resulted in up to 12,000 new businesses every day and is promoting the fourth industrial revolution. Putting Internet technology and connectivity at the heart of transformations was the theme of this years forum, and it is set to become a new driving force of Chinas economy in the coming years.During Lis speech, a friend of mine posted a comment via the instant messaging app WeChat saying the vice-president was talking about whether China will be Ok economically. After hearing the speech, she posted another comment saying that China will “always be Ok”.Klaus Schwab, chairman of the World Economic Forum, also said he was convinced by Lis confidence when he chaired the talksBut not all the Chinese participants had the same optimism. Many from academia urged the government to speed up the implementation of its reform agenda, which was formulated two years ago. They are concerned about the delay in pushing forward reforms and how the unfolding geopolitical challenges are affecting Chinas economic development.Previous Page1 2 Next PagePrevious Page1 2 Next Page0Related StoriesChinas economy transitioning not derailing: Davos expertsChinese vice president injects note of confidence in DavosChinas economic prospects, US ties, high on Davos agendaExperts put health issues firmly in the spotlight of Summer DavosMost Viewed Todays Top NewsHousing booms may hurt, not heal, local growthTime to break free of protectionist shacklesAllow space for students to discover themselvesPhilippines arbitration case built on false pretextFunding global public goods for worlds recoveryForum TrendsTips to manage stress when studying abroadWhy are Chinese students heading to the US?Should investment lessons be mandatory?How can doctors and patients regain trust?Are women-only buses discriminatory?Do student evaluations measure teaching effectiveness?What annoys you most while traveling in China?ColumnistsTrumps willingness to talk to the DPRK is the right approachFestival drama peels layers of character who isnt thereFeatured ContributorsTurnball highlights China-Australia FTA as a valuable assetBloody curtain rising to greet US first-ever presidentStar BloggersMy best friend in China: 35th anniversary of China Daily By subeChina Daily is like a friend who stays with me in every mood in my life. If I am happy, I can write a blog and if I am upset, I can enjoy what others have said and let my feelings go away.China Daily, 35 years on: my memories By aixiI first discovered China Daily a few years ago. It was my first visit to China, and I was waiting for my tour guide to arrive.My vision for a smog-free China By eddieturksonI’ve lived in China for quite a considerable time including my graduate school years, travelled and worked in a few cities and still choose my destination taking into consideration the density of smog or PM2.5 particulate matter in the region.SpecialChina Daily, 35 years on: your memoriesPositive energy Leifeng laowai story2016 Happy Chinese New Year…| About China Daily | Advertise on Site | Contact Us | Job Offer | Expat Employment |Copyright 1995 -var oTime = new Date();
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