Chinese President Xi Jinping is scheduled to attend the 47th World Economic Forum (WEF) annual meeting in Davos, Switzerland, along with a group of Chinese business executives on January 17, the Xinhua News Agency reported Tuesday, citing Foreign Ministry spokesman Lu Kang's comments at a routine press briefing in Beijing.
As the "first Chinese head of state" to address the WEF, the annual gathering of top business leaders, international political leaders and selected intellectuals for the discussion of world's most pressing issues, Xi will deliver a speech at the WEF's opening session, Bloomberg reported Monday.
An entourage of high-profile Chinese businessmen, including Alibaba Group Holding Chairman Jack Ma Yun, Dalian Wanda Group Chairman Wang Jianlin and Baidu President Zhang Yaqin, will accompany Xi to attend the meeting, according to Xinhua.
Xi is expected to hold talks with some "global leaders" among more than 3,000 attendees, which might include UK Prime Minister Theresa May, the soon-to-be-former US Vice President Joe Biden and South African President Jacob Zuma, said Bloomberg, citing David Aikman, the WEF's chief China representative.
US President-elect Donald Trump is scheduled to be inaugurated in Washington, DC on the final day of the meeting, said Bloomberg.
The Bloomberg said that Xi is likely to highlight China's signature projects during the meeting, such as the Asian Infrastructure Investment Bank and the "One Belt, One Road" initiative, to expand China's role in global economy.
In 2016, Chinese Premier Li Keqiang led a delegation to the Summer Davos Forum in North China's Tianjin Municipality. During that event, he said that the country's economy would continue to grow stably and denied the possibility of suffering a hard landing.