On January 20, 2026, Member of the Political Bureau of the Communist Party of China (CPC) Central Committee and Vice Premier of the State Council He Lifeng attended the World Economic Forum (WEF) Annual Meeting 2026 in Davos, Switzerland and delivered a speech.

He Lifeng said that President Xi Jinping delivered an important speech at the WEF in January 2017. China has since walked the talk and remained steadfast in supporting multilateralism and free trade. In recent years, President Xi Jinping successively proposed four global initiatives, providing Chinese solutions to collective problems facing the world. In his speech at the forum, He Lifeng outlined four key recommendations. First, firmly support free trade and work together to promote a universally beneficial and inclusive economic globalization. Second, firmly safeguard multilateralism, and make the international economic and trade order more just and equitable. Third, adhere to win-win cooperation, be committed to making the pie of cooperation bigger, and jointly solve development problems. Fourth, uphold mutual respect and equal-footed consultation, and properly manage differences and resolve issues through dialogue. He Lifeng also briefed the audience on the fourth plenary session of the 20th CPC Central Committee, emphasizing that China's development will bring important opportunities to the world. He also had in-depth exchanges with participants from international industry and commerce sectors.

During his attendance at the WEF Annual Meeting, He Lifeng jointly met with President of the Swiss Confederation Guy Parmelin and Vice President of the Swiss Confederation Ignazio Cassis. He conveyed President Xi Jinping's cordial greetings and expressed China's willingness to strengthen high-level exchanges and deepen bilateral and multilateral cooperation with Switzerland. The Swiss side expressed the expectation to speed up negotiations on upgrading the free trade agreement with China and jointly support multilateralism and free trade. He Lifeng also held separate talks, at the invitation of both officials, with U.S. Treasury Secretary Scott Bessent, who leads the U.S. side to the China-U.S. economic and trade consultation mechanism, and with British Chancellor of the Exchequer Rachel Reeves, who leads the British side to the China-UK Economic and Financial Dialogue. They exchanged views on relevant economic and trade issues between China and the United States, and between China and the United Kingdom.