On September 13, 2010, Premier of the State Council Wen Jiabao met with Executive Chairman of the World Economic Forum (WEF) Klaus Schwab in Tianjin.

Wen said it is of great significance that the WEF holds the annual meeting of the New Champions in Tianjin, China at the critical moment of tackling the international financial crisis. The WEF gives priority to innovation and sustainable development in recent years, places the future on youth and scientific progress and focuses more on the issue of development and people’s livelihood, which meets the requirement of the times. The WEF pays attention to China’s development and China will continue to support the WEF in order to jointly pass confidence and strength to the world.

Schwab noted that China has played a positive and responsible role in coping with the international financial crisis and serves as the major engine for world economic growth. He is full of confidence in the development of Chinese economy and the world economy at large. He thanked the Chinese government for its long-term support for the WEF and indicated that the WEF will pay closer attention to the issue of environmental protection and development, enhance diversity and inclusiveness and contribute to promoting world harmony and sustainable development.

Zhang Gaoli, Member of the Political Bureau of the CPC Central Committee and Secretary of the CPC Tianjin Municipal Committee, Yang Jiechi, Chinese Foreign Minister, and Zhang Ping, Director of the National Development and Reform Commission were present at the meeting.