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Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), said on Monday that he is optimistic about China’s economic growth, according to Xinhua News Agency.  

Key quotes (Source: Xinhua, Reuters)

It’s very important. We need open markets, but we also need a certain equilibrium between exports and imports to safeguard global peaceful and collaborative relations

Competition of the future will be not so much based on the ability to produce with low costs. It will be determined by being the first in adapting and adopting new innovative products and services

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