Liu made his speech as the release of new population data sounded an alarm on a demographic crisis with profound implications for the world’s second largest economy.
At Davos, Liu is sitting down with CEOs of finance, tech, consumer and industrial companies, a Chinese official familiar with the matter told Reuters. He will also meet other world leaders. The visit by the high-level Chinese delegation to Davos also contrasted with the conspicuous absence of Russia, a key ally whose invasion of Ukraine China has refused to condemn.China’s relations with the U.S. and its allies have grown more tense throughout the COVID-19 pandemic, with Beijing and Washington sparring on issues from technology to Taiwan.
The speech, he said, explained key concepts the ruling Communist Party has been pushing, such as the Chinese model of modernization and common prosperity.