The threat of a world economic downturn is minimal, as Europe and the United States have entered a period of stable and strong economic recovery, said Tong Jiadong.
"Previously when people met me at the airport, they would say, 'Professor, I've met you at Davos' - but now they say, 'I've met you in Tianjin'."
Facing an urgent need to stabilize growth while containing environmental drain, China needs to step up environmental protection and invite the entire public to take a green initiative.
Premier Li Keqiang said China is willing to speed up construction of the Albania-Macedonia highway to improve regional connectivity during a meeting with Albanian Prime Minister Edi Rama in Tianjin on Wednesday.
Leaders of global enterprises from around the world gathered at a seminar, part of the 2014 Summer Davos in Tianjin, to discuss the opportunities and challenges of the world economy on Sept 9.
Premier Li Keqiang opens the 2014 Summer Davos in Tianjin on Wednesday. More than 1,600 participants from 90 countries are expected to attend the three-day gathering.