We start this hour with the second day of the World Economic Forum, which saw European leaders speak out against rising isolationism ahead of a visit by US President Donald Trump. And a key economic advisor to President Xi Jinping re-iterated China's commitment to globalization and opening its own markets further. CGTN's Jack Barton has this report from Davos, Switzerland.

German Chancellor Angela Merkel did not mention U.S. President Donald Trump by name when she took to the podium in Davos, but her message was clear.

ANGELA MERKEL GERMAN CHANCELLOR "We believe isolationism will get us nowhere. We believe we have to cooperate, and that protectionism is not the right answer."

It was a message shared by French President Emmanuel Macron, who is riding the wave of an economic recovery and has a vision for Europe.

EMMANUEL MACRON FRENCH PRESIDENT "Ladies and gentlemen, my first message is that France is back. France is back at the core of Europe because we will never have any French success without a European success."

Macron said a new ambition was needed beyond economic growth only benefitting what he called the 'capitalism of superstars', adding corporations should be guided by a moral responsibility towards the communities they serve.

Day Two of the forum also focused on China.

JACK BARTON DAVOS "President Xi Jinping's economic advisor Liu He is leading China's largest ever delegation to the World Economic Forum."

Liu He told delegates China was working to curb overcapacity and opening up its market.

LIU HE, GENERAL OFFICE DIRECTOR CHINA'S FINANCIAL & ECONOMIC AFFAIRS CENTRAL LEADING GROUP "The main task is to advance supply-side structural reform. Given China's actual conditions, the principal contradiction in China's economic development is the supply side fails to adapt to the rapid changes in the demand side. Thus, we must make timely restructuring. Improving the quality of the supply side through reform is the basic path leading to high-quality development."

Alibaba founder Jack Ma also spoke about technological revolutions of the past leading to world wars and how the latest revolution should only lead to a war against disease, pollution and poverty.

And in the wake of new U.S. tariffs that hit China and South Korea, he warned trade should not be used as a weapon. Jack Barton, CGTN, at the World Economic Forum in Davos.