Chinese Premier Li Qiang, addressing the World Economic Forum, reassured the global business community of China's open economy amid concerns about a sluggish post-pandemic recovery and a real estate slump. Stressing the need to remove barriers to competition and cooperate on global challenges, Li highlighted China's rebound with an estimated 5.2% growth in 2023. European Commission President Ursula von der Leyen urged action on the Europe-China trade imbalance. Despite skepticism in boardrooms, Li pledged to address concerns and emphasized that investing in China is an opportunity, not a risk.
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