The World Economic Forum is an important platform for China to show off its contribution to global development. The foreign ministry says last year's speech by President Xi Jinping launched an initiative to promote the rebalancing of globalization.

HUA CHUNYING CHINESE FOREIGN MINISTRY SPOKESPERSON "China is committed to providing solutions to the world's problems. We pay high attention to the implementation of the UN 2030 Agenda for Sustainable Development, like dealing with the challenges from climate change, and making progress on pollution prevention. There were ten million people in China who were brought out of poverty last year. China has made a concrete contribution to the world's challenges through its action. We believe China will bring more and more momentum to the world's development, and build a community with a shared future."