BEIJING -- The 2008 Summer Davos will be held in north China's Tianjin Municipality, and Chinese Premier Wen Jiabao is to deliver a speech at the opening ceremony.

Foreign Ministry spokeswoman Jiang Yu made the announcement at a regular press conference here on Thursday.

The Summer Davos, also known as the Annual Meeting of the New Champions, is held annually in China. The first session was held in Dalian of the northeastern Liaoning Province last September, attracting nearly 2,000 participants.

The current session is to last from Sept. 27 to 28 in Tianjin's Binhai New Area, a pilot reform zone.