DAVOS, Switzerland -- Chinese Vice-Premier Ding Xuexiang on Tuesday delivered a special address at the World Economic Forum Annual Meeting 2025 in Davos, Switzerland. The following is the full text of the speech entitled "Keeping to the Right Path of Multilateralism and Promoting Open and Inclusive Development":

China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday.

Vice-premier addressed China’s economic vitality, global cooperation and concerns over artificial intelligence at World Economic Forum in Switzerland.

Vice Premier Ding Xuexiang warned on Tuesday that no country would emerge victorious from a trade war, in a speech to the World Economic Forum in

Vice-Premier Ding Xuexiang warned on Tuesday of "horrible" consequences if the world becomes divided and emphasized the need for the international community to work together to oppose a Cold War mentality and zero-sum game and build a more equitable international order.

Chinese Vice Premier Ding Xuexiang met with global finance and business leaders including Blackstone CEO Steve Schwarzman, Bridgewater Associates founder Ray Dalio and JPMorgan CEO Jamie Dimon during a private lunch in Davos on Tuesday.

China's vice-premier warned that the development of artificial intelligence could pose a major risk if it is not carefully managed, amid a rivalry with the US that has seen the emerging technology take centre stage.

China emphasizes an open economic approach, aiming to import high-quality products, reduce trade surplus, and invite foreign investment. Ding Xuexiang stresses multilateralism as essential for global peace and development during the World Economic Forum amid US tariff concerns.

( MENAFN - Swissinfo) On the occasion of the 75th anniversary of the establishment of bilateral diplomatic relations between Switzerland and China, Economics Minister Guy Parmelin and Foreign Minister Ignazio Cassis have welcomed Chinese Vice Premier Ding Xuexiang to Bern.

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