Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
In an exclusive interview with Xinhua News Agency in Geneva recently, World Economic Forum (WEF) President Borge Brende stated that China remains the largest contributor to global economic growth.
Brende noted that China continues to strengthen its position in traditionally strong industries while actively exploring new technologies. The World Economic Forum predicts that China's economic growth will exceed 5% this year.
According to Brende, China is experiencing accelerated growth in advanced technologies and is simultaneously increasing investment in research, development, and innovation for new technological solutions. "These new technologies are expected to drive enormous productivity gains and new development opportunities in the coming years," Brende said, adding that China is a key driver of this process.
Speaking about the challenges facing the global economy, Brende noted that, despite the complex geopolitical environment and the abuse of tariffs by certain countries, the global economy continues to demonstrate a certain degree of resilience. He believes that trade, which previously served as the engine of growth, remains an important factor, while new technologies such as artificial intelligence are attracting significant investment and contributing to global economic growth.
Brende said, "The biggest concern today is that escalating geopolitical tensions could stifle global economic growth." He believes that if the world manages to avoid further geopolitical tensions, global economic growth in 2026 could remain at 3% or higher.
The World Economic Forum's recently published Global Cooperation Barometer report notes that multilateralism continues to face strong headwinds, and the structure and format of global cooperation is undergoing change.
Brende praised China's role in supporting multilateralism. He emphasized the continued need to rely on multilateral mechanisms, such as the UN, to address global challenges such as pandemics and cybercrime.
Brende believes that it is crucial to maintain and develop existing mechanisms of multilateralism, as they are what have brought the world enormous prosperity since the end of World War II.
The 2026 Annual Meeting of the World Economic Forum is taking place from January 19 to 23 in Davos, Switzerland, under the theme "The Spirit of Dialogue." Some 3,000 representatives from more than 130 countries and regions are discussing issues such as strengthening cooperation, unleashing new drivers of growth, and investing in human capital.
Brende stated that in a world where disunity and competition are growing, maintaining dialogue is crucial, as it becomes the starting point for constructive processes and contributes to global progress. "From the perspective of the World Economic Forum, dialogue is not a luxury, but a necessity," he emphasized.
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