Chinese Premier Li Keqiang is leaving for Davos, Switzerland, today for the annual World Economic Forum.
He will attend the session Wednesday and is expected to deliver a clear message of confidence in the world's second largest economy, amid the fragile global recovery.
Premier Li will also pay a working visit to Switzerland, with many expecting that bilateral financial cooperation will be a focus.
Li Daokui, professor at Tsinghua University and a former Monetary Policy Committee member of the People's Bank of China, believes Switzerland is also seeking financial cooperation with China.
"The Swiss economy is in a good shape and is being upgraded constantly. Its highly developed financial sector draws too much attention from global investors who bring vast amounts of capital into the country and at the same time huge pressure to its real economy. The rising Swiss franc is the real pain for the Swiss economy, a problem that can be partially eased by the internationalization of the RMB."
China and Switzerland established a financial dialogue plan during Premier Li's visit to Switzerland in May 2013.
As for the Davos Forum itself, this year's theme has been set as "The New Global Context," aiming to explore the most pressing global challenges in 2015.
