The event closed with optimism about cross-border collaboration and innovation-driven development, with many noting that global entrepreneurship must now navigate geopolitical complexities and technological transformation to remain inclusive and sustainable.

The World Economic Forum event was held in an atmosphere of global tension, but attendees did see some hope in China’s tech advancements.

"Is Asia's Century at Risk," a breakout forum of the 2025 Summer Davos Forum, is held in Tianjin, North China, on June 25, 2025. Photo: Screenshot of the forum's official video recording The 16th Annual Meeting of the New Champions of the World Economic Forum—also known as "Summer Davos"—kicked off on Tuesday in Tianjin Municipality.

Chinese Premier Li Qiang said on Wednesday that China is striving to develop itself into a super-sized consumption powerhouse on the solid foundation of a manufacturing powerhouse and is willing to do whatever it takes to help tackle the difficulties and challenges facing the global economy.

Partnering with China will bring more opportunities. China firmly embraces a universally beneficial and inclusive economic globalization, and upholds free trade and multilateralism. It stands ready to work with all parties to safeguard common interests through mutually beneficial cooperation,

Cheung Kong Graduate School of Business (CKGSB) Dean and Dean's Distinguished Chair Professor of Finance Li Haitao spoke at the Annual Meeting of the New Champions 2025 of the World Economic Forum, widely known as Summer Davos,

A premier barometer of global economic trends and industrial transformation, the 2025 Summer Davos Forum has seen record attendance for recent years, with over 1,700 participants traveling from around the world.

TIANJIN, China, June 27, 2025 /PRNewswire/ ... Li Haitao spoke at the Annual Meeting of the New Champions 2025 of the World Economic Forum, widely known as Summer Davos, in Tianjin, China, ...