Premier meets with representatives of the WEF's Intl Business Council

Premier Li Keqiang, flanked by other officials, including Klaus Schwab, founder and executive chairman of the World Economic Forum, enters the meeting venue in Davos on Wednesday. Rao Aimin / Xinhua

Premier Li Keqiang held a dialogue with members of WEF's International Business Council on the afternoon of Jan 21 in Davos, Switzerland.

During the gathering, he answered a number of detailed questions concerning China's reform and development issues.

China is now focusing on advancing reform comprehensively, with the relationship between the government and the market a core issue, Li said. China is carrying out a series of measures to streamline administrative approvals and to create a fair, competitive market environment in a bid to provide favorable conditions for investors.