(Yicai Global) Jan. 11 -- Chinese President Xi Jinping will lead the Chinese delegation attending the 47th World Economic Forum in Davos, Switzerland , said Klaus Martin Schwab, founder and executive chairman of the forum in Geneva, which will run from Jan. 17 to Jan. 20.
This marks the first time a Chinese head of state has led the country's delegation to the event.
British Prime Minister Teresa May will also appear at the forum, media reported. US President-elect Donald Trump will be sworn into office on Jan. 20, so Anthony Scaramucci will attend on behalf of the new US administration. Outgoing President Barrack Obama has assigned a delegation led by Vice President Joe Biden to the forum, US Secretary of State John Kerry will also attend.
Other guests include recently appointed UN Secretary-General Guterres and ministers from 70 countries including the G20. Elite business leaders from over 1,000 companies, including Jack Ma, Alibaba founder, Wang Jianlin, the richest man in China, and Baidu President Zhang Yaqin, will also attend the event.