PM attends WEF’s opening session as 3-day meeting kicks off in Tianjin

TIANJIN, China: Prime Minister Raja Pervez Ashraf Tuesday joined world leaders and leading business figures at the World Economic Forum’s sixth Annual Meeting that kicked off here with an aim to plan new business model for a sustainable global economy.

China’s Premier Wen Jiabao opened the plenary session of the Forum, also known as Summer Davos, at the Meijiang Convention Centre that was attended by some 2,000 business, government and civil society leaders.Prime Minister Raja Ashraf attended the opening session of the New Champions 2012, along with Finance Minister Dr Abdul Hafeez Sheikh and other officials of his delegations.

Premier Wen Jiabao in his welcome address said Chinese economy avoided the downward pressure through effective measures including shift in economic model, better allocation of resources and adopting scientific approach. On China’s robust economy, he said its GDP grew by 10.7 percent moving it from sixth to second rank. – APP