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        <firstCreated>2026-06-26T22:39:55Z</firstCreated>
		
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        <contentCreated>2026-06-26</contentCreated>
		
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        <dateline xml:lang="en">June 23-25, 2026/Recent</dateline>
        <slugline xml:lang="en">China-Summer Davos/Innovation</slugline>
        <headline xml:lang="en">China innovation powering global growth: Summer Davos guests</headline>
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China innovation is powering global growth, said guests at the 2026 Summer Davos forum, which ended on Thursday in the northeastern Chinese city of Dalian.

The event, also known as the World Economic Forum (WEF)'s 17th Annual Meeting of the New Champions, was held under the theme of "Innovating at Scale."

The three-day event brought together more than 1,700 participants from more than 90 countries and regions to discuss ways to scale innovation into better jobs, stronger economies and new growth opportunities.

Innovation-driven development is the key to China's long-term economic resilience and steady growth, said Chinese Premier Li Qiang when addressing the opening plenary of the forum on Wednesday.

"The premier put it profoundly: we've moved from being the world's factory to becoming a provider of global solutions. In biopharmaceuticals and health, we used to follow and imitate. Now, standing on the Davos stage, we can confidently tell the world: We are offering Chinese solutions for global anti-aging," said Xu Bin, vice chairman and CEO of Zhen-Ao Group, a China-based healthcare and life science group with deep roots in nucleic acid nutrition.

Across conference halls and sessions, discussions ranged from artificial intelligence (AI) and humanoid robotics to quantum technology, biomedicine, advanced manufacturing and green industries. Many of these sectors are also areas in which China has emerged as an increasingly important innovator and partner in international cooperation.

"One of our big propositions as a global firm is to bring the best practices from around the world to our clients. So, for example, personally, for me to my clients in Malaysia, I would love to bring them on more go-and-see visits to China, so that they can see the latest and greatest innovation happening on the ground here, and learn from it, right? Geographic boundaries should pose no borders when it comes to learning from the latest and greatest innovation," said Vidhya Ganesan, managing partner of McKinsey's Malaysia office.

"I think China overall creates huge opportunities for entire world, especially AI. And first of all, the open source is becoming a foundational technology for a lot of the startups around the world, in Europe, in Southeast Asia, and also [in the] U.S," said Zhang Yaqin, founding dean of the Institute for AI Industry Research of Tsinghua University.

"No one country can undergo, even the United States or China, can undergo everything by itself. And we see that it hinders innovation, right? So as global innovation advances, partnerships definitely [are] always important, and one of the key issues to impact innovation. So I believe China, as one of the key stakeholders, definitely, as global innovation continues, China will definitely advance and bring in its power towards global innovation," said Eric Tse, chief executive officer of Sino Biopharmaceutical Limited.

Established by the WEF in 2007, the event is held annually in China, alternating between the two port cities of Tianjin and Dalian.
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Dalian City, Liaoning Province, northeast China - June 23-25, 2026 (CCTV - No access Chinese mainland) 
1. Various of signs reading (Chinese/English): "Annual Meeting of New Champions 2026"; participants

Dalian City, Liaoning Province, northeast China - June 23-25, 2026 (CGTN - No access Chinese mainland)
2. SOUNDBITE (Chinese, dubbed in English) Xu Bin, Vice Chairman and CEO, Zhen-Ao Group:
"The premier put it profoundly: we've moved from being the world's factory to becoming a provider of global solutions. In biopharmaceuticals and health, we used to follow and imitate. Now, standing on the Davos stage, we can confidently tell the world: We are offering Chinese solutions for global anti-aging."
3. SOUNDBITE (English) Vidhya Ganesan, managing partner, McKinsey's Malaysia office:
"One of our big propositions as a global firm is to bring the best practices from around the world to our clients. So, for example, personally, for me to my clients in Malaysia, I would love to bring them on more go-and-see visits to China, so that they can see the latest and greatest innovation happening on the ground here, and learn from it, right? Geographic boundaries should pose no borders when it comes to learning from the latest and greatest innovation."
4. SOUNDBITE (English) Zhang Yaqin, Founding Dean, Institute for AI Industry Research, Tsinghua University:
"I think China overall creates huge opportunities for entire world, especially AI. And first of all, the open source is becoming a foundational technology for a lot of the startups around the world, in Europe, in Southeast Asia, and also [in the] U.S."
5. SOUNDBITE (English) Eric Tse, Chief Executive Officer, Sino Biopharmaceutical Limited:
"No one country can undergo, even the United States or China, can undergo everything by itself. And we see that it hinders innovation, right? So as global innovation advances, partnerships definitely [are] always important, and one of the key issues to impact innovation. So I believe China, as one of the key stakeholders, definitely, as global innovation continues, China will definitely advance and bring in its power towards global innovation."

Dalian City, Liaoning Province, northeast China - Recent (CCTV - No access Chinese mainland)
6. Various of decorations, venue for Summer Davos 2026
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