Premier Li Qiang stated that innovation-driven development is key to China's long-term economic resilience and steady growth, addressing the opening plenary of the World Economic Forum's Annual Meeting of the New Champions, or Summer Davos, in Dalian on Wednesday. Li attributed the country's steady economic growth to a stable environment and innovation-driven development, noting that China's artificial intelligence sector had experienced "explosive growth." He said multiple Chinese large language models achieved new performance breakthroughs, and daily token consumption of these models had surpassed 100 trillion by the end of May. Li added that embodied AI had begun moving toward large-scale commercial deployment, and that "China's innovation has been achieved through hard work and relentless internal efforts." He rejected claims that Chinese product competitiveness relies on government subsidies, stating "the government is not that wealthy yet." Li described "China Opportunity 2.0" as comprehensive innovation-driven empowerment and high-return investment prospects. Separately, World Economic Forum managing director Mirek Dusek said AI is changing industry and the economy, offering new opportunities in education and healthcare. Li said the economy demonstrated stability, innovation, vitality and integration at the beginning of the 15th Five-Year Plan (2026-2030) period, and that "China's door will only open wider." Over 1,700 participants from more than 90 countries are attending the meeting, held between Tuesday and Thursday under the theme "Innovating at Scale."