TIANJIN, June 24 — As the world grapples with economic uncertainty and rising geopolitical tensions, all eyes turn to Tianjin, where the 2025 Summer Davos Forum kicks off. Officially known as the 16th Annual Meeting of New Champions of the World Economic Forum, the event brings together over 1,800 leaders from government, business, academia, and civil society across 90 countries.
China, hosting this significant gathering from June 24 to 26, is poised to showcase its pivotal role in recalibrating global growth. Amid global volatility, China’s economy stands out with its resilience, vast scale, and commitment to openness. The nation’s focus on high-quality development and high-level opening-up positions it as a stabilizing force in a fragmented world.
Emerging from the challenges of the pandemic, China has doubled down on structural reforms, investing heavily in strategic sectors like green energy, advanced manufacturing, and digital infrastructure. These efforts not only fortify China’s domestic economy but also contribute to global innovation pathways and industrial modernization.
Through initiatives such as the Belt and Road Initiative, the New International Land-Sea Trade Corridor, and the Global Development Initiative, China extends its impact beyond its borders. These programs promote economic integration, resource mobility, and knowledge transfer, offering much-needed public goods and development financing to the world.
China’s immense and diverse market continues to be a magnet for global businesses. With a burgeoning middle class and a unique blend of consumption power and digital sophistication, multinational corporations are expanding their presence, forming joint ventures, and engaging in innovation partnerships within the Chinese mainland.
The country’s dual-circulation strategy, strengthening domestic demand while promoting international engagement, creates a dynamic where China serves as both a self-sufficient economic engine and a globally integrated participant. Foreign companies become active stakeholders in this transformation, contributing to sustainable, inclusive, and high-tech growth.
In an era where global supply chains face fragmentation, Chinese enterprises are elevating their roles from low-end assembly to high-value research, development, and design. This shift leads to the creation of new standards and production networks that are efficient, resilient, and digitally advanced.
China’s ongoing investment in connectivity — from ports and railways to 5G networks and data infrastructure — lays the groundwork for next-generation supply chains that are smarter, greener, and more agile. This development is a global asset in times of uncertain logistics and production challenges.
This year’s theme, "Entrepreneurship for a New Era", underscores the need for innovation, inclusion, and cooperation. The forum in Tianjin becomes a hub for ideas that transcend national interests, aiming for shared progress on issues like climate technology, AI ethics, and health security.
As the Summer Davos Forum unfolds, the world watches not just what China is saying but what it is doing. In these uncertain times, China’s actions provide stability, a clear vision, and a willingness to lead on the global stage.
