As U.S. President Donald Trump plans to pull out of international bodies and agreements, such as the World Health Organization and the Paris climate accord, China is capitalizing on the opportunity to fill a void left by the U.

China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday.

In 2017, weeks after Donald Trump’s first presidential election victory, Xi Jinping became the first Chinese head of state to address the World Economic Forum in Davos, Switzerland — winning applause as he inveighed against protectionism and declared that a trade war would hurt both sides.

DAVOS, Switzerland -- Chinese Vice-Premier Ding Xuexiang on Tuesday delivered a special address at the World Economic Forum Annual Meeting 2025 in Davos, Switzerland. The following is the full text of the speech entitled "Keeping to the Right Path of Multilateralism and Promoting Open and Inclusive Development":

China can tap a large software engineer talent pool from its consumer-focused companies, Pan Jian of battery maker CATL told the World Economic Forum.

China does not seek trade surpluses, a top official told the World Economic Forum Tuesday as the next round of U.S. tariffs looms.

The world's political and business leaders have converged on the Swiss resort town of Davos to discuss global challenges. Leaders from China, Ukraine and Germany are taking the stage on day one. Follow DW for more.

Latest stories about World Economic Forum on Business Insider

China is not aiming for a trade surplus and wants to import more high-quality goods to balance international trade, according to Vice Premier Ding Xuexiang. At the World Economic Forum, Ding emphasized that global trade benefits everyone and criticized protectionism,

There will always be border disputes in Asia, and China should not be singled out because of tensions in the South China Sea, Malaysian Prime Minister Anwar Ibrahim said Wednesday.

"I have always said that I feel like the world is a better place and the global economy is a better economy if the US and China can figure out how to coexist," Cisco CEO Chuck Robbins told Yahoo Finance at the World Economic Forum in Davos, Switzerland.

At the World Economic Forum in Davos, business and government leaders react to Trump's return to office. Yahoo Finance Senior Reporter Jennifer Schonberger reports from Davos to describe JPMorgan's (JPM) optimism for a pro-business environment under President Donald Trump despite concerns over trade.