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":

Ding Xuexiang told the World Economic Forum that a 'tug of war' was underway between supporters and opponents of economic globalization.

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

It's that time of year when the great and good gather for the annual World Economic Forum in Davos, Switzerland. But who's skipping the event is more telling.

China is not aiming for a trade surplus and wants to import more high-quality goods to balance international trade, according to Vice Premier Ding Xuexiang. At the World Economic Forum, Ding emphasized that global trade benefits everyone and criticized protectionism,

Ding Xuexiang also tells Davos that Beijing isn’t pursuing a trade surplus and there are ‘no winners in a trade war’.

The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.

Special Address by H.E. Ding Xuexiang Vice Premier of the State Council of the People's Republic of China At the World Economic Forum Annual Meeting 2025 Davos, January 21, 2025 Professor Klaus ...

Special Address by H.E. Ding Xuexiang Vice Premier of the State Council of the People's Republic of China At the World Economic Forum Annual Meeting 2025 Davos, January 21, 2025 Professor Klaus ...

Chinese Vice-Premier Ding Xuexiang on Tuesday delivered a special address at the World Economic Forum Annual Meeting 2025 in Davos, Switzerland. [Photo/Xinhua] DAVOS, Switzerland -- Chinese Vice ...

During the World Economic Forum in Davos, Switzerland, China's Vice Premier Xuexiang Ding stated that there are "no winners" in a trade war while acknowledging the numerous difficulties and challenges currently facing the Chinese economy.