Li Qiang: Investing in China will bring huge returns, better future

Investing in China will bring huge returns and a better future, Chinese Premier Li Qiang said at the World Economic Forum (WEF) Annual Meeting 2024 on Tuesday.

Li made the remarks while attending a luncheon hosted by Klaus Schwab, founder and executive chairman of the WEF, and exchanging views with heads of multinational companies.

Multinational companies have been participants, witnesses and beneficiaries of China's reform and opening up, Li said, adding that the long-term positive trend of China's economy will not change, and will provide more development opportunities for enterprises of all countries.

Under the current circumstances, Li said fragmented battles will only make it more difficult for the world economy to recover, stressing that China opposes all forms of camp division and confrontation, and will open its doors wider to the outside world.

China welcomes foreign enterprises to invest and do business in the country, stands ready to study and solve the issues facing foreign-funded enterprises in China, ensures national treatment for foreign-funded enterprises, and creates a stable, fair and predictable business environment, Li noted.

Li said that he hopes everyone will continue to make good use of the opportunities brought by China's development and achieve better and greater development in China.

Leaders of 14 multinational companies, including Walmart, JPMorgan Chase, Intel, BASF, Volkswagen and Siemens, attended the luncheon. They said their investments in the Chinese market have achieved tremendous success over the years, and they have full confidence in China's economic development. They added that they are willing to deepen cooperation with China, persist in developing in China and contribute to China's development.