China Vice Premier He Lifeng Tells Davos China Seeks to Become the Global Market
Vice Premier He Lifeng told the World Economic Forum that China aims to expand imports. The move follows a record trade surplus and global trade tensions.
Insights:
Vice Premier he lifeng addressed the World Economic Forum in Switzerland 
CH on Tuesday, January 20, 2026, announcing that China 
CN intends to expand its imports significantly. Speaking to a gathering of approximately 2,900 delegates, including heads of state and top tech and financial executives, the official stated that the Chinese Government is prepared to transition from being the world's factory to serving as the world's market. This policy signal follows a year where China CN logged a record trade surplus, an outcome that has led to endemic production overcapacity in the Manufacturing sector and triggered concerns among global trade partners.
CH on Tuesday, January 20, 2026, announcing that China CN intends to expand its imports significantly. Speaking to a gathering of approximately 2,900 delegates, including heads of state and top tech and financial executives, the official stated that the Chinese Government is prepared to transition from being the world's factory to serving as the world's market. This policy signal follows a year where China CN logged a record trade surplus, an outcome that has led to endemic production overcapacity in the Manufacturing sector and triggered concerns among global trade partners.
