AS thousands of political, economic and social leaders from around the world gather in the Swiss resort town of Davos for the annual conference of the World Economic Forum (WEF), which kicked off in person on Monday for the first time since the coronavirus pandemic broke out three years ago, a slew of challenges confronts the global economy, including high inflation, geopolitical tensions, as well as an escalating assault led by the US on the economic globalization agenda that Davos epitomizes.

Amid grim outlooks for the global economy in 2023 and beyond, China's economic recovery that continues to pick up pace following downgraded Covid-19 management and its unwavering determination and increasing efforts to promote economic globalization will be a highlight at the WEF, as the world is in dire need of momentum for both economic growth and globalization, Chinese analysts noted on Monday.