CRI听力:Li Keqiang's Address on Synergy and Prosperity Well Received
In his speech, Li Keqiang says China's economy is going to cultivate new growth drivers.
He also used his speech to assure the markets that China wants to see a united and stable European Union, as well as and a prosperous United Kingdom if and when the two split apart.
Jon Aarons, senior managing director with FTI Consulting from Britain suggests the UK government is likely going to need the Chinese economy even more now.
"The world in interconnected, that is why in my opinion that it was a mistake that more than half of the British people to vote to leave the EU because our economies are connected. And we want to stay connected. Many of us in business I think the majority of people want to remain very closely with the Asian economy and especially the Chinese economy. Even though we're facing the difficult disruptions, the Chinese leadership still has very clear vision on how to manage its economy and its place in the world, and they will do what they can to stabilize the situation."
Li Keqiang also used his speech to warn of the Butterfly Effect, which is a term used to describe the shaking of a global foundation, set off by a single incident.
As such, he focused much of his speech on the idea of 'synergy,' saying collaboration among the world's economies needs to be stronger to prevent incidents like the Brexit from affecting everyone.
From the Chinese side, Li Keqiang says China will do its part by making the Chinese market more open to the outside world, providing more investment and business opportunities.
Tladi Ditshego, CEO of the J&J Group from South Africa, was actively taking notes during Li Keqiang's speech.
He says the Premier's speech has reaffirmed his hope of landing business opportunities here in China.
"We hope that we can benefit a lot from the Chinese experiences, in terms of innovation and financial and structural readjustment within the Chinese economy. Currently we don't have a business partner in China, and that's why I am here to look for strategic partners to work with us in South Africa, and see how we can grow our economy, both here and in South Africa."
Meanwhile, Chinese scholars at the meeting are now figuring ways to open up the Chinese market further.
Gong Xiaofeng, Director General of Center for International Economic and Technology Cooperation with the Ministry of Industry and Information Technology, admits that large-scale companies in China are still reaping the greatest benefits from China's readily-available workforce.
But he says the "Fourth Industrial Revolution" - the theme of this year's Summer Davos - is also going to provide a lot of opportunities for small businesses in China.
"Opening the economy is not a question of to do it or not to do it, because this is already happening. Instead, we need to be thinking about how to allocate business resources internationally through this new dynamic. The Chinese Premier mentioned the Global Village, and how the 'fourth industrial revolution, along with the growing use of the internet, will be able to let 20 million more Chinese small and medium sized companies grow and benefit. This is a very important concetp to keep in mind."
For CRI, I am Min Rui, reporting from the Tianjin Summer Davos.
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