Meeting: Davos and Reforms Opening-Up

meeting: Photo Xinhua The World Economic Forum kicked off its annual meeting in the Swiss winter resort town of Davos on Tuesday, as the global economy faces risks from rising trade tensions to downward pressure on global economic growth, according to Global Times China. While several leaders of major economies are sitting out this year due to their own domestic issues, Chinese officials led by Vice President Wang Qishan are expected to voice continued support for multilateralism and reassure global investors of China's ability to maintain stable growth and carry out further reforms and opening-up. The WEF Annual Meeting will kick off in Davos on Tuesday. Although there were not many noticeable changes to this year's annual meeting, also referred to as the Davos forum, the unease among participants about the uncertainties of the global economy was palpable, according to Lin Boqiang, a professor at Xiamen University in East China's Fujian Province who is in Davos to attend the meeting for a ninth consecutive year. Economic globalization, which the forum promotes, has been threatened in recent years, but the drama surrounding this year's forum points to serious troubles for the global economy and the multilateral system, Lin said. There are a lot of people here who are very worried about the uncertainties and who are very anxious to hear from world leaders so they can make their judgments about the way forward, Lin told the Global Times on Tuesday. (news.financializer.com). As reported in the news.