While participants at forum expressed concern, it soon became clear that Chinese economy is fundamentally sound

For years, China's economy has been center stage at the World Economic Forum's annual meeting in Davos, Switzerland. This year's gathering from Jan 20 to 23 was no exception.

While also focusing on new global trends, the EU's migrant crisis, terrorism, regional conflicts and other issues, China was still a primary subject.

The participants even showed their concerns in a straightforward way.

"Is China's economy still OK?" I was repeatedly asked.

Other Chinese participants and journalists were asked the same question.

This is not the first time that the world has been gripped with anxiety about the state of the Chinese economy. Fortunately, past forecasts of doom, which predicted a hard landing and economic collapse, have never come true, and they are unlikely to materialize this time, either.

Vice-President Li Yuanchao provided figures and told vivid stories in his speech to answer the question and convince attendees at this year's gathering that China's economy is still doing well and has sound fundamentals.

For example, he said China has boosted entrepreneurship by cutting the red tape for business startups, which has resulted in up to 12,000 new businesses every day and is promoting the fourth industrial revolution. Putting Internet technology and connectivity at the heart of transformations was the theme of this year's forum, and it is set to become a new driving force of China's economy in the coming years.