SAWT BEIRUT INTERNATIONAL

| 3 October 2022, Monday |

World Economic Forum: Xi highlights the need of ‘fostering new opportunities’ at Davos 2022

“We must do everything that is necessary to clear the shadow of the pandemic and boost economic and social recovery and development,” said Chinese President Xi Jinping, during his speech at the World Economic Forum’s (WEF), Davos.
the weeklong virtual event which started today will feature heads of state and government, CEOs and other leaders.
“How to beat the pandemic and how to build the post-Covid world? These are major issues of common concern,” he highlighted.
Xi also spoke about a massive surge in global inflation. He said that there is a need to keep the industrial supply chain smooth. “For that, we should make the generally acceptable rules for digital economy,” he highlighted.

Several heads of state will address the event including Japanese Prime Minister Kishida Fumio, Australian Prime Minister Scott Morrison, Indonesian President Joko Widodo, Israeli Prime Minister Naftali Bennett, and EU Commission’s chief Ursua von der Leyen.

Indian Prime Minister Narendra Modi will also deliver a special address via video conferencing.

As the Davos Agenda 2022 is bringing world leaders together, PM Modi will deliver the ‘State of the World’ address, which is scheduled at 8:30pm IST.

As per the WEF website, the event will also mark the launch of several forum initiatives. This includes efforts to accelerate the race to net-zero emissions.

“As the momentum of the world is either progress or regresses, without contradiction nothing will exist. We need to learn from long history cycles and foster new opportunities. But first, we need to embrace cooperation and jointly defeat the pandemic,” Xi said.