Editor’s note: the photo on this story was of the incorrect subject and has been replaced.
In a bid to draw foreign investors, Chinese Premier Li Qiang interacted with top global business leaders at the World Economic Forum in Davos, Switzerland.
What Happened: On Tuesday, Li met with the heads of prominent firms including JPMorgan Chase & Co. (NYSE:JPM) and Intel Corporation (NASDAQ:INTC) on the sidelines of the World Economic Forum, Bloomberg reported. The focus of the meeting was China’s appeal to foreign investors.
Li attended a lunch hosted by Klaus Schwab, the founder and executive chairman of the WEF. Also present were the leaders of 14 multinational enterprises. The Premier emphasized China’s stability and the potential for high returns on investment.
“Investing in China will bring huge returns and a better future,” Li said. He further assured the business chiefs of China’s commitment to solving any issues faced by foreign enterprises operating in the country.