Jiang Xipei attending Summer Davos Forum 2015 and meeting Premier Li Keqiang

      From September 9th to 11th, Annual Meeting of New Champions of World Economic Forum 2015 (the ninth “Summer Davos Forum”) was held in Dalian. Jiang Xipei, Secretary of Party Committee, Board Chairman and CEO of Far East Holding Group, was invited to attend and give a speech in a sub-forum “traditional medicine: learning from the past and developing in future”. Jiang Chengzhi, Director of the group and Board secretary, and Chen Xiaofen, senior consultant of the Group, were also invited to attend relevant activities.

      The theme of the annual meeting was “describing a new view of development”. Over 1700 guests from more than 90 countries around the world discussed some critical topics and new issues affecting economic development of China and the world in the background of scientific and technical innovation.

      Li Keqiang, Premier of State Council, gave a speech on the opening ceremony of the Summer Davos Forum. Li Keqiang expressed that we would be able to solve the problems and “hard landing” would never happen to Chinese economy. This was not an empty talk. In recent years, although the pressure of declining economy was significant, we didn’t over-issue our money or launch the large-scale strong stimulation but stabilized the economy and created the margin for the next round of regulation and adjustment by enhancing the economic activity with reform.

Premier Li Keqiang giving a speech

      On the 9th, Premier Li Keqiang had a close communication with the business leaders around the world. Jiang Xipei was invited to attend the meeting and was interviewed by the mainstream media.

Premier Li Keqiang had a close communication with business leaders around the world in Davos

      On the meeting, Li Keqiang expressed that an abnormal movement happened in July’s stock market in China and relevant authorities had taken measures to stabilize the market so that the systematic financial risk could be prevented. The capital market of multiple levels would be promoted and a market-oriented capital market would be insisted in the next stage. The risk of debt of Chinese government was controllable because the debt of central government counted for only less than 20% of the total debt and income could be earned from the debt of local government. It’s unnecessary to worry that the debt would cause a serious crisis. The reform of financial system would be continued in China and it’s necessary for financial stability in China and the opening up policy of China.

Jiang Xipei was interviewed by media

      Jiang Xipei expressed during the interview by media that the speech given by Premier Li Keqiang about “China has defended the financial crisis systematically” was inspiring; he believed that the stability of the financial market could be maintained. Jiang Xipei also expressed his opinion about the dramatic fluctuation of the stock market; he pointed out that the value of the stock could be realized as long as development and sustainable profitability of a company could be maintained.

     During Davos Forum, Jiang Xipei was also invited to attend the luncheon held by Tencent Investors Club with the theme of “Rush time- global economic fluctuation and superpower game” and the night talk held by finance.sina.com.cn, zhisland.com and Dalian TV wit the theme of “when the best meets the best”.