Chinese President Xi Jinping while speaking virtually at the World Economic Forum (WEF) hit out against Western powers saying "confrontation does not solve problems, it only invites catastrophic consequences".

The high profile Davos forum is being held online due to the coronavirus pandemic.

"Our world today is far from the tranquil, rhetoric that stokes hatred and prejudice abound," the Chinese president said in his address as he emphasised that his country was fighting a "tenacious battle" against the "once in a century pandemic" as he conceded that it is a "protracted" battle due to advent of new variants.

<a href="https://www.wionews.com/india-news/we-offer-a-bouquet-of-hope-to-world-modi-pitches-invest-in-india-at-wef-davos-2022-445514">Also Read:&nbsp;‘We offer a bouquet of hope to world’: Pm Modi at WEF</a>

China has been hit by large scale local flare-ups of coronavirus infections in several provinces with the Winter Olympics due to take place in Beijing next month. The country recently lockdown two cities amid the Omicron crisis even as authorities scamper to implement the "zero Covid" policy.

"Holding each other back or shifting blame will only cause needless delay," Xi said while calling for vaccination distribution.

Xi said the global industrial supply chains have been disrupted amid rise in commodity prices even as his country was ready to "facilitate cross border trade and keep the industrial supply chain secure and smooth".

<a href="https://www.wionews.com/world/davos-agenda-2022-un-chief-urges-business-to-help-low-income-nations-amid-covid-19-and-climate-crises-at-wef-445567">Also Read |&nbsp;Davos agenda 2022: UN chief urges business to help low-income nations amid COVID-19</a>

The Chinese president pitched for globalisation saying "countries are not riding separately in some 190 small boats, but rather are all in a giant ship on which our shared destiny hinges" as he touted the country's economic growth rate last year.

"Small boats may not survive a storm, but a giant ship is strong enough to brave a storm," Xi said at the Davos virtual forum.

(With inputs from Agencies)

Chinese President Xi Jinping while speaking virtually at the World Economic Forum (WEF) hit out against Western powers saying "confrontation does not solve problems, it only invites catastrophic consequences".

Chinese President Xi Jinping while speaking virtually at the World Economic Forum (WEF) hit out against Western powers saying "confrontation does not solve problems, it only invites catastrophic consequences". The high profile Davos forum is being held online due to the coronavirus pandemic. "Our world today is far from the tranquil, rhetoric that stokes hatred and prejudice abound," the Chinese president said in his address as he emphasised that his country was fighting a "tenacious battle" against the "once in a century pandemic" as he conceded that it is a "protracted" battle due to advent of new variants. Also Read: ‘We offer a bouquet of hope to world’: Pm Modi at WEF China has been hit by large scale local flare-ups of coronavirus infections in several provinces with the Winter Olympics due to take place in Beijing next month. The country recently lockdown two cities amid the Omicron crisis even as authorities scamper to implement the "zero Covid" policy. "Holding each other back or shifting blame will only cause needless delay," Xi said while calling for vaccination distribution. Xi said the global industrial supply chains have been disrupted amid rise in commodity prices even as his country was ready to "facilitate cross border trade and keep the industrial supply chain secure and smooth". Also Read | Davos agenda 2022: UN chief urges business to help low-income nations amid COVID-19 The Chinese president pitched for globalisation saying "countries are not riding separately in some 190 small boats, but rather are all in a giant ship on which our shared destiny hinges" as he touted the country's economic growth rate last year. "Small boats may not survive a storm, but a giant ship is strong enough to brave a storm," Xi said at the Davos virtual forum. (With inputs from Agencies)

Confrontation only invites catastrophic consequences, says Xi at Davos virtual forum

India's Prime Minister Narendra Modi today while addressing the virtual World Economic Forum (WEF) said that 2.3 million people have been vaccinated in just 12 days with a steady drop in coronavirus cases.

Indian PM Modi addresses World Economic Forum's Davos Dialogue

Prime Minister Narendra Modi on Friday said that his <a href="http://www.wionews.com/india-news/pm-modis-visit-short-focussed-davos-visit-sign-that-we-engage-with-world-government-30066">visit to Davos</a> in Switzerland for the Word Economic Forum (WEF) is an opportunity for India to showcase itself on a global platform.

&quot;Davos is a major platform in the financial world. Many business leaders gather there to deliberate upon the economic future of the world. India is the centre of attraction for the entire world. There are two reasons for that. First, our GDP is growing at a fast pace - and this has been accepted by leading agencies like the World Bank, Moody&#39;s etc. Second, due to our strong democratic values. It&#39;s a unique combination of both in India. And that&#39;s what has evoked everyone&#39;s interest. So it&#39;s an opportunity for India to showcase itself on a global platform like WEF in Davos,&quot; PM Modi said in an exclusive interview with Zee News.

Also Read: <a href="http://www.wionews.com/india-news/my-governments-only-agenda-for-budget-is-development-pm-modi-to-zee-news-30099">My government&#39;s only agenda for Budget is development, PM Modi tells Zee News</a>

Apart from being a big market, India also has the advantage of demographic dividend, he added.

&quot;India is an economic powerhouse. The world wants to connect with us. The world wants to hear directly from the horse&#39;s mouth about India&#39;s policies and potential. And I feel proud to present before them the success story of 125 crore Indians, their achievements and progress,&quot; the Prime Minister said.

He also hailed the increase in foreign investment in India. &quot;Before 2014, the world didn&#39;t care about what India had to say. But after we came to power in 2014, the situation had changed completely. For the first time in 30 years, India had a government with full majority. This was noticed by the entire world. They are accepting us as a leader now. That&#39;s because we have done well on domestic front. From day one, my government&#39;s focus has been on good governance, transparency, and this has given us results. India&#39;s ranking in ease of doing business jumped from 142 to 100. This resonated across the world,&quot; PM Modi said.

PM Modi, accompanied by six Union ministers, will be in Davos on January 22-23 and <a href="http://www.wionews.com/india-news/wefdavos-modi-to-address-opening-plenary-trump-on-final-day-29950">address the opening plenary</a>. On the sidelines of the high-profile event, Modi will hold a number of important bilateral meetings with various world leaders.

He wll be the first Indian Prime Minister to participate in two decades after H D Devegowda who visited Davos in 1997.

Apart from his political engagements, PM Modi will also be there at a dinner on January 22 which will be attended by CEOs of 60 companies. These 60 companies are across 26 different sectors.

Among those attending the dinner will be the heads of Airbus group, Hitachi group, BAE Systems, IBM, and the Carlyle group.

PM Modi, accompanied by six Union ministers, will be in Davos on January 22-23 and give the opening plenary.

Prime Minister Narendra Modi on Friday said that his visit to Davos in Switzerland for the Word Economic Forum (WEF) is an opportunity for India to showcase itself on a global platform. "Davos is a major platform in the financial world. Many business leaders gather there to deliberate upon the economic future of the world. India is the centre of attraction for the entire world. There are two reasons for that. First, our GDP is growing at a fast pace - and this has been accepted by leading agencies like the World Bank, Moody's etc. Second, due to our strong democratic values. It's a unique combination of both in India. And that's what has evoked everyone's interest. So it's an opportunity for India to showcase itself on a global platform like WEF in Davos," PM Modi said in an exclusive interview with Zee News. Also Read: My government's only agenda for Budget is development, PM Modi tells Zee News Apart from being a big market, India also has the advantage of demographic dividend, he added. "India is an economic powerhouse. The world wants to connect with us. The world wants to hear directly from the horse's mouth about India's policies and potential. And I feel proud to present before them the success story of 125 crore Indians, their achievements and progress," the Prime Minister said. He also hailed the increase in foreign investment in India. "Before 2014, the world didn't care about what India had to say. But after we came to power in 2014, the situation had changed completely. For the first time in 30 years, India had a government with full majority. This was noticed by the entire world. They are accepting us as a leader now. That's because we have done well on domestic front. From day one, my government's focus has been on good governance, transparency, and this has given us results. India's ranking in ease of doing business jumped from 142 to 100. This resonated across the world," PM Modi said. PM Modi, accompanied by six Union ministers, will be in Davos on January 22-23 and address the opening plenary. On the sidelines of the high-profile event, Modi will hold a number of important bilateral meetings with various world leaders. He wll be the first Indian Prime Minister to participate in two decades after H D Devegowda who visited Davos in 1997. Apart from his political engagements, PM Modi will also be there at a dinner on January 22 which will be attended by CEOs of 60 companies. These 60 companies are across 26 different sectors. Among those attending the dinner will be the heads of Airbus group, Hitachi group, BAE Systems, IBM, and the Carlyle group.

Proud to present India's success story at Davos: PM Modi to Zee News

While addressing the World Economic&nbsp;Forum in Davos, Switzerland, Prime minister Narendra Modi delivered the Indian ideology of &quot;Vasudhaiva Kutumbakam&quot; meaning World is One.&nbsp;

He asked the countries to bridge distances between them.&nbsp;

PM Modi said, &quot; India has always believed in values of integration and unity, &quot; Vasudhaiva Kutumbakam&quot; which means the entire world is one family. It is relevant to bridge distances&quot;.&nbsp;

Referring to the topic of the WEF,&quot; Creating a shared future in fractured world&quot;&nbsp;he said the world is facing challenges in maintaining peace, stability and security. &quot;&nbsp;

He said the topic here is &quot; Creating a shared future in a fractured world&quot;. New powers are changing the balance between&nbsp;Economic and Political Strength. This is indicating a change in future of the world. World is facing challenges in maintaining&nbsp;peace, stability and security.&nbsp;

He further highlighted the threat of shrinking globalisation and called it a greater threat than terrorism or climatic change.&nbsp;

He said &quot; Many societies and countries are becoming self-centred. It seems that globalisation, as opposed to its definition, is shrinking. Such misplaced preferences can&#39;t be considered any lesser threat than terrorism or climate change. We must admit shine of globalisation&nbsp;is fading.&quot;

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India has always believed in values of integration and unity, &#39;Vasudhaiva Kutumbakam&#39; which means the entire world is one family. It is relevant to bridge distances: PM Narendra Modi at <a href="https://twitter.com/hashtag/WorldEconomicForum?src=hash&amp;ref_src=twsrc%5Etfw">#WorldEconomicForum</a> <a href="https://twitter.com/hashtag/Davos?src=hash&amp;ref_src=twsrc%5Etfw">#Davos</a> <a href="https://t.co/Agf28sd6w2">pic.twitter.com/Agf28sd6w2</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/955753148148211712?ref_src=twsrc%5Etfw">January 23, 2018</a></blockquote>
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This year the topic here is &#39;Creating a shared future in a fractured world&#39;. New powers are changing the balance between Economic &amp; Political strength. This is indicating a change in future of the world. World is facing challenges in maintaining peace, stability &amp; security: PM <a href="https://t.co/ZghYmYXK55">pic.twitter.com/ZghYmYXK55</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/955752265486286848?ref_src=twsrc%5Etfw">January 23, 2018</a></blockquote>
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Many societies &amp; countries are becoming self-centred. It seems that gloabalisation, as opposed to its definition, is shrinking. Such misplaced preferences can&#39;t be considered any lesser threat than terrorism or climate change. We must admit shine of globalisation is fading: PM <a href="https://t.co/lWtH97NU6A">pic.twitter.com/lWtH97NU6A</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/955757018425380864?ref_src=twsrc%5Etfw">January 23, 2018</a></blockquote>
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&nbsp;

While addressing the World Economic Forum in Davos, Switzerland, Prime minister Narendra Modi delivered the Indian ideology of 'Vasudhaiva Kutumbakam' meaning World is One

While addressing the World Economic Forum in Davos, Switzerland, Prime minister Narendra Modi delivered the Indian ideology of "Vasudhaiva Kutumbakam" meaning World is One. He asked the countries to bridge distances between them. PM Modi said, " India has always believed in values of integration and unity, " Vasudhaiva Kutumbakam" which means the entire world is one family. It is relevant to bridge distances". Referring to the topic of the WEF," Creating a shared future in fractured world" he said the world is facing challenges in maintaining peace, stability and security. " He said the topic here is " Creating a shared future in a fractured world". New powers are changing the balance between Economic and Political Strength. This is indicating a change in future of the world. World is facing challenges in maintaining peace, stability and security. He further highlighted the threat of shrinking globalisation and called it a greater threat than terrorism or climatic change. He said " Many societies and countries are becoming self-centred. It seems that globalisation, as opposed to its definition, is shrinking. Such misplaced preferences can't be considered any lesser threat than terrorism or climate change. We must admit shine of globalisation is fading." India has always believed in values of integration and unity, 'Vasudhaiva Kutumbakam' which means the entire world is one family. It is relevant to bridge distances: PM Narendra Modi at #WorldEconomicForum #Davos pic.twitter.com/Agf28sd6w2 — ANI (@ANI) January 23, 2018 × This year the topic here is 'Creating a shared future in a fractured world'. New powers are changing the balance between Economic & Political strength. This is indicating a change in future of the world. World is facing challenges in maintaining peace, stability & security: PM pic.twitter.com/ZghYmYXK55 — ANI (@ANI) January 23, 2018 × Many societies & countries are becoming self-centred. It seems that gloabalisation, as opposed to its definition, is shrinking. Such misplaced preferences can't be considered any lesser threat than terrorism or climate change. We must admit shine of globalisation is fading: PM pic.twitter.com/lWtH97NU6A — ANI (@ANI) January 23, 2018 ×

Countries to bridge distances between them: PM Modi at Davos

Prime Minister Narendra Modi on Tuesday addressed the plenary session of the 48th edition of the World Economic Forum at Davos in Switzerland. PM Narendra Modi is the first Indian prime minister to attend Davos summit in 20 years.

Here are the highlights from his speech:

&#39;Climate change is huge threat to our civilization&#39;

Climate change is the first major threat to human civilization right now, Snow in the Arctic is melting, many islands are sinking or are about to sink.

Glaciers are receding, the Arctic ice is melting, islands are going underwater or are about to. Heat and cold, excessive rain and drought - effects of extreme weather are seen everywhere. Even here, we are seeing the highest snowfall in 20 years.

We should have shed our divisions and united to tackle the challenge, but we must ask honestly if we have done so. Everyone says climate emissions must be reduced, But how many developed countries reach out to developing nations with the technology required to do so?&nbsp;

Terrorism second major challenge

Continuing his speech at the World Economic Forum, PM Modi listed terrorism and protectionism as the other two major challenges to human civilization. &ldquo;Terrorism is a big threat but an even bigger threat is when you give definitions like good terrorism and bad terrorism,&rdquo; said the PM.

Protectionism

The recent wave of trade protectionism, in which governments raise barriers to free trade between nations, is &quot;worrisome,&quot;.

Data is real wealth

&quot;Today, data is a real wealth and it is being said that whoever acquires and controls the data will have hegemony in the future. The global flow of data is creating big opportunities as well as challenges,&quot; Prime Minister Modi said.

He added that technology-driven transformation has been deeply affecting people&#39;s way of thinking, working, international groups, politics, and economy.He made this remark while underlining the importance of technology in today&#39;s era.

Talking about social media, Prime Minister Modi said, &quot;The example of breaking, addition, and twisting of technology is being seen in the form of social media.&quot;

Appeal of globalisation fading

Many societies &amp; countries are becoming self-centred. It seems that globalisation, as opposed to its definition, is shrinking. Such misplaced preferences can&#39;t be considered any lesser threat than terrorism or climate change. We must admit shine of globalisation is fading.

India proud of its democracy, diversity

PM Modi in his keynote speech at the World Economic Forum summit in Davos said that the country takes pride in its democracy and diversity. &ldquo;We in India are proud of our democracy and diversity. For a society with diverse religions, cultures, languages, attires and cuisines, democracy is not just a political system but a way of living,&rdquo; the PM said.

Modi also said that his government&rsquo;s motto is &lsquo;development for all&rsquo;.

&ldquo;In 2014 after 30 years, the 600 crore Indians provided the complete majority to any political party to form govt at the centre. We took the resolution for the development of everyone and not just a specific group. Our motto is &lsquo;Sabka Saath Sabka Vikas&rsquo;,&rdquo; the PM said.

People in India have welcomed the change

Change in India&#39;s ranking is an indicator that the people in India have warmly welcomed the change in policies as the road to a better future for them.

 
Come to India for wealth, wellness and peace

&quot;If you want wellness with wealth, come to India... If you want health and wholeness of life, come to India... If you want prosperity and peace, come to India... You are always welcome, said PM Modi as he summmed up his address at the plenary session of World Economic Forum in Davos.

PM Modi's was the opening speech of this year's World Economic Forum

Prime Minister Narendra Modi on Tuesday addressed the plenary session of the 48th edition of the World Economic Forum at Davos in Switzerland. PM Narendra Modi is the first Indian prime minister to attend Davos summit in 20 years. Here are the highlights from his speech: 'Climate change is huge threat to our civilization' Climate change is the first major threat to human civilization right now, Snow in the Arctic is melting, many islands are sinking or are about to sink. Glaciers are receding, the Arctic ice is melting, islands are going underwater or are about to. Heat and cold, excessive rain and drought - effects of extreme weather are seen everywhere. Even here, we are seeing the highest snowfall in 20 years. We should have shed our divisions and united to tackle the challenge, but we must ask honestly if we have done so. Everyone says climate emissions must be reduced, But how many developed countries reach out to developing nations with the technology required to do so? Terrorism second major challenge Continuing his speech at the World Economic Forum, PM Modi listed terrorism and protectionism as the other two major challenges to human civilization. “Terrorism is a big threat but an even bigger threat is when you give definitions like good terrorism and bad terrorism,” said the PM. Protectionism The recent wave of trade protectionism, in which governments raise barriers to free trade between nations, is "worrisome,". Data is real wealth "Today, data is a real wealth and it is being said that whoever acquires and controls the data will have hegemony in the future. The global flow of data is creating big opportunities as well as challenges," Prime Minister Modi said. He added that technology-driven transformation has been deeply affecting people's way of thinking, working, international groups, politics, and economy.He made this remark while underlining the importance of technology in today's era. Talking about social media, Prime Minister Modi said, "The example of breaking, addition, and twisting of technology is being seen in the form of social media." Appeal of globalisation fading Many societies & countries are becoming self-centred. It seems that globalisation, as opposed to its definition, is shrinking. Such misplaced preferences can't be considered any lesser threat than terrorism or climate change. We must admit shine of globalisation is fading. India proud of its democracy, diversity PM Modi in his keynote speech at the World Economic Forum summit in Davos said that the country takes pride in its democracy and diversity. “We in India are proud of our democracy and diversity. For a society with diverse religions, cultures, languages, attires and cuisines, democracy is not just a political system but a way of living,” the PM said. Modi also said that his government’s motto is ‘development for all’. “In 2014 after 30 years, the 600 crore Indians provided the complete majority to any political party to form govt at the centre. We took the resolution for the development of everyone and not just a specific group. Our motto is ‘Sabka Saath Sabka Vikas’,” the PM said. People in India have welcomed the change Change in India's ranking is an indicator that the people in India have warmly welcomed the change in policies as the road to a better future for them. Come to India for wealth, wellness and peace "If you want wellness with wealth, come to India... If you want health and wholeness of life, come to India... If you want prosperity and peace, come to India... You are always welcome, said PM Modi as he summmed up his address at the plenary session of World Economic Forum in Davos.

Highlights: PM Narendra Modi's big India pitch at Davos

PM Modi left for Davos today <a href="http://www.wionews.com/india-news/pm-modi-leaves-for-davos-for-world-economic-forum-30284">to attend the World Economic Forum</a>. The Indian prime minister will be arriving on Monday evening(local time in India) and will be meeting the Swiss President Alain Berset.

PM Modi and President Berset are expected to discuss investment opportunities for Switzerland in India and the free trade agreement between India and European Free Trade Association(EFTA).

A welcome reception for the Indian prime minister will also be held after his talks with the Swiss president.

The highlight of the evening is expected to be PM Modi&#39;s roundtable meeting with the CEOs in the evening. 
&nbsp;

A welcome reception for the Indian prime minister will also be held after his talks with the Swiss president

PM Modi left for Davos today to attend the World Economic Forum. The Indian prime minister will be arriving on Monday evening(local time in India) and will be meeting the Swiss President Alain Berset. PM Modi and President Berset are expected to discuss investment opportunities for Switzerland in India and the free trade agreement between India and European Free Trade Association(EFTA). A welcome reception for the Indian prime minister will also be held after his talks with the Swiss president. The highlight of the evening is expected to be PM Modi's roundtable meeting with the CEOs in the evening.

PM Modi to meet Swiss president Berset today at Davos

The government today said that Prime Minister Narendra Modi&#39;s visit to Switzerland&#39;s Davos to attend the World Economic Forum will last just for 24 hours.

&quot;Prime Minister&#39;s upcoming visit to Davos is very short. It will be only for 24 hours and will be very focussed. This is a sign that we engage with the globe,&quot; said Vijay Gokhale, MEA Secretary (economic relations).

PM Modi, accompanied by six Union ministers, will be in Davos on January 22-23 and <a href="http://www.wionews.com/india-news/wefdavos-modi-to-address-opening-plenary-trump-on-final-day-29950">give the opening plenary</a>. On the sidelines of the high-profile event, Modi will hold a number of important bilateral meetings with various world leaders.

Modi will also meet Switzerland&#39;s President Alain Berset and the two leaders are expected to discuss the envisaged free trade agreement between India and the European Free Trade Association (EFTA), of which Switzerland is a member.

India has framed a model Bilateral Investment Protection Agreement (BIPA) and is now negotiating it with several countries. Besides, the talks have been going on for a long time for a free trade agreement between India and the four-member EFTA (Switzerland, Norway, Iceland and Liechtenstein).

The trade pact talks had started in October 2008 and several rounds of negotiations have taken place since then. The proposed agreement covers trade in goods and services, investments, trade facilitation, customs cooperation, protection of intellectual property and public procurement.

The two-way trade between the regions dropped to US $19 billion in 2016-17, from US $21.5 billion in 2015-16. The trade gap is highly in favour of the EFTA group.

Under an FTA, trading partners give market access to each other with a view to promoting bilateral trade in goods and services, besides investments.

However, Swiss government&#39;s statement released on Friday on PM Modi&#39;s visit, did not mention black money - an issue which has been central to most of the high-level deliberations between the two countries.

Modi will also meet Switzerland's President Alain Berset and the two leaders are expected to discuss the envisaged free trade agreement between India and the European Free Trade Association.

The government today said that Prime Minister Narendra Modi's visit to Switzerland's Davos to attend the World Economic Forum will last just for 24 hours. "Prime Minister's upcoming visit to Davos is very short. It will be only for 24 hours and will be very focussed. This is a sign that we engage with the globe," said Vijay Gokhale, MEA Secretary (economic relations). PM Modi, accompanied by six Union ministers, will be in Davos on January 22-23 and give the opening plenary. On the sidelines of the high-profile event, Modi will hold a number of important bilateral meetings with various world leaders. Modi will also meet Switzerland's President Alain Berset and the two leaders are expected to discuss the envisaged free trade agreement between India and the European Free Trade Association (EFTA), of which Switzerland is a member. India has framed a model Bilateral Investment Protection Agreement (BIPA) and is now negotiating it with several countries. Besides, the talks have been going on for a long time for a free trade agreement between India and the four-member EFTA (Switzerland, Norway, Iceland and Liechtenstein). The trade pact talks had started in October 2008 and several rounds of negotiations have taken place since then. The proposed agreement covers trade in goods and services, investments, trade facilitation, customs cooperation, protection of intellectual property and public procurement. The two-way trade between the regions dropped to US $19 billion in 2016-17, from US $21.5 billion in 2015-16. The trade gap is highly in favour of the EFTA group. Under an FTA, trading partners give market access to each other with a view to promoting bilateral trade in goods and services, besides investments. However, Swiss government's statement released on Friday on PM Modi's visit, did not mention black money - an issue which has been central to most of the high-level deliberations between the two countries.

PM Modi's visit short, focussed Davos visit sign that we engage with world: Government

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