DAVOS, Switzerland -- Chinese Vice-Premier Ding Xuexiang on Tuesday delivered a special address at the World Economic Forum Annual Meeting 2025 in Davos, Switzerland. The following is the full text of the speech entitled "Keeping to the Right Path of Multilateralism and Promoting Open and Inclusive Development":

Ding Xuexiang told the World Economic Forum that a 'tug of war' was underway between supporters and opponents of economic globalization.

China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday.

Vice Premier Ding Xuexiang warned on Tuesday that no country would emerge victorious from a trade war, in a speech to the World Economic Forum in

Vice-Premier Ding Xuexiang warned on Tuesday of "horrible" consequences if the world becomes divided and emphasized the need for the international community to work together to oppose a Cold War mentality and zero-sum game and build a more equitable international order.

China is not aiming for a trade surplus and wants to import more high-quality goods to balance international trade, according to Vice Premier Ding Xuexiang. At the World Economic Forum, Ding emphasized that global trade benefits everyone and criticized protectionism,

Ding Xuexiang also tells Davos that Beijing isn’t pursuing a trade surplus and there are ‘no winners in a trade war’.

A slew of heads of state, politicians and business moguls are set to attend the annual World Economic Forum in Davos, Switzerland. Attendees this year include Ding Xuexiang, the vice premier of China, Ukraine's Volodymyr Zelenskyy, Argentina's Javier Milei ...

DAVOS, Switzerland – Chinese Vice-Premier Ding Xuexiang met global finance and business leaders, including Blackstone chief executive Steve Schwarzman, Bridgewater Associates founder Ray Dalio and JPMorgan Chase CEO Jamie Dimon, during a private lunch in Davos on Jan 21.

Chinese Vice-Premier Ding Xuexiang will deliver a speech at the World Economic Forum in Davos, Switzerland on Tuesday, making him the first senior leader from China to address global concerns about the country's economic prospects and foreign policy priorities since Donald Trump kicked off his second term as US president.

Ukrainian President Volodymyr Zelenskyy speaks with CNBC's Andrew Ross Sorkin at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. The World Economic Forum officially began on Monday, but it's Tuesday when the event really kicks off.

The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.