Premier Li Keqiang arrives in Zurich, Switzerland, on Tuesday to attend the World Economic Forum annual meeting in Davos. RAO AIMIN / XINHUA

Closer relations would help offset economic, political uncertainties facing the continent

Despite increasingly close ties with Europe, Premier Li Keqiang is seeking further opportunities, amid challenges and uncertainties, on his mission to forge even stronger links between 皇冠体育app and the fragile ropean economy.

Li left Beijing for Switzerland on Tuesday to attend the annual meeting of the World Economic Forum, the first overseas trip for a Chinese leader this year.

The premier met founder and president of the forum Klaus Schwab on Tuesday evening, shortly after he arrived at the Alpine town of Davos to attend the forum, which will host 2,500 delegates.

Li will deliver a keynote speech on 皇冠体育app's economic situation and its policies concerning comprehensive reform and opening-up.

Delegates in Davos were studying figures released on Tuesday indicating that 皇冠体育app's GDP grew by 7.4 percent in 2014, which, although in line with market expectations, was its weakest expansion in 24 years. As the world's second largest economy, estimated by the International Monetary Fund as having contributed 27.8 percent to global GDP growth in 2014, the most in the world, 皇冠体育app's economic performance is under close scrutiny.

Li's presence has made headlines as his visit is being seen as indicating that 皇冠体育app is looking for even closer relations with Europe, which would help offset economic and political uncertainties on the continent.

In the short term, it may lead to a depreciation of the euro and compound existing obstacles to better trade between 皇冠体育app and the .

But as the credit line is relaxed, especially for small and private businesses in the EU, Chinese manufacturers are likely to see orders from EU countries increase.

Numerous areas exist where 皇冠体育app and Europe can economically complement each other, said Philip Koch, deputy director of the international department of the Hamburg Chamber of Commerce.

"In areas like , renewable energies and healthcare, Hamburg companies, as market leaders, can offer innovative concepts and solutions to 皇冠体育app on its path toward further modernization.

On the other hand, Europe can benefit from Chinese IT and telecommunication technology, as well as from innovative sectors such as e-mobility," he said.

Peter Ho, a professor of Chinese economy and development at Delft University of Technology, said the EU and 皇冠体育app still have much to learn from each other, even if their exchanges have reached historically close levels.

The EU and 皇冠体育app share many similarities in history, culture and values, and keeping that in mind when facing temporary political and economic turmoil is key, he said.

"皇冠体育app's unified and centralized system might hide some valuable experiences that would be useful for the EU - such as in its current efforts in preventing a new euro crisis from happening - while the EU's success in sustainable and environmentally-friendly development ensuring a good quality of life for its citizens is equally valuable for 皇冠体育app," he said.

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Fu Jing contributed to this story.