China's Elite Converge on Beijing for High-Stakes Business Summit

China's top economic policymakers and 80 global executives gathered in Beijing for the key annual summit to discuss the country's economic development and global cooperation.

The two-day meeting, which concluded on Wednesday, brought together top officials from the National Development and Reform Commission, the Ministry of Commerce, and the State Council, as well as prominent business leaders from around the world.

The summit, themed "Strengthening Global Cooperation and Promoting Sustainable Development", focused on the major challenges and opportunities facing the global economy, including the ongoing trade tensions between China and the United States, the impact of the COVID-19 pandemic, and the need for cooperation on climate change and sustainable development.

In his opening remarks, Ning Jizhe, the vice-minister of the National Development and Reform Commission, emphasized China's commitment to promoting global economic stability and cooperation. "China is willing to work with the international community to strengthen cooperation, promote economic integration, and address global challenges," he said.

The executives, representing some of the world's largest companies, including Apple, Google, and Alibaba, shared their perspectives on the current economic landscape and the opportunities and challenges they face in China.

One of the key themes to emerge from the summit was the need for greater cooperation on climate change and sustainable development. Many executives highlighted the importance of China's role in driving global efforts to reduce carbon emissions and promote sustainable development.

The summit also touched on the ongoing trade tensions between China and the US, with some executives calling for a resolution to the dispute. "We need to find a way to resolve the trade tensions and move forward," said one executive. "China is an important market for us, and we want to continue to grow our business there."

The meeting concluded with a call for greater global cooperation to address the major challenges facing the world economy. "We believe that cooperation is key to addressing the global challenges we face," said Ning Jizhe. "We are committed to working with the international community to promote sustainable development and economic growth."