Xi's speech in Davos receives warm applause

Li Daokui

Economist at Tsinghua University and former member of the central bank's monetary policy committee

After listening to President Xi Jinping's opening speech at the annual World Economic Forum on Tuesday Prof Li Daokui from Tsinghua University says Xi has sent a very strong message to advance globalization and help the rest of the world benefit from China's development after China has gained mutual benefits due to openness and reform.

Li also said President Xi gave this message at the right time when Donald Trump is going to move into the White House in a few days and as top Western leaders did not attend this annual forum.