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Viewpoint | Analysis of the Four Major Issues in the 2024 Boao Forum for Asia Annual Meeting

2024-03-26   

The Boao Forum for Asia 2024 annual meeting, to be held in Boao, Hainan from March 26th to 29th, will be themed "Asia and the World: Common Challenges, Common Responsibilities", calling on countries around the world to jointly address global challenges and shoulder the responsibility of promoting peace and prosperity. In today's world, changes and challenges coexist. The theme setting of the 2024 Boao Forum for Asia annual meeting responds to the concerns of all parties, setting up four major sections, including "World Economy," "Technological Innovation," "Social Development," and "International Cooperation," with dozens of topics covering more than 40 sub forum activities. In order to address common global challenges, consolidate the Boao Consensus, contribute the wisdom of Boao, and propose the Boao Plan. World Economy: Stimulating New Growth Momentum. This year's Boao Forum for Asia annual meeting has set up topics such as "World Economic Outlook" and "Reducing Trade Fragmentation", aiming to explore more definite directions for the uncertain world economy. What changes have occurred due to the continuous adjustment of global industrial chains, supply chains, and value chains? How to solve the problem of development imbalance between countries and within countries caused by global resource allocation, and promote the realization of inclusive economic globalization? Li Baodong, Secretary General of the Boao Forum for Asia, believes that the international community should adhere to the spirit of inclusiveness, innovation, and win-win cooperation, and work together to address global challenges. The forum hopes to call on all countries to strengthen unity and cooperation, rebuild confidence and trust, and jointly promote peace and development through the annual meeting. How to stimulate new growth drivers and promote global economic growth? This year's annual conference will focus on the progress of regional economic integration and growth in Asia, and will hold multiple sub forums on "Deepening Asian Financial Cooperation", "Building an Asian Growth Center", and "Investing in the Future of Asia". Experts reviewing the flagship report of the Boao Forum for Asia 2024 annual meeting believe that the Asia Pacific region remains a key driving force for global growth. The joint maintenance of industrial and supply chain stability by Asian economies and the continuous promotion of regional economic integration will provide important support for global economic stability and growth. This year's annual conference added the topic of "The Rise of the Global South", aiming to promote deepening solidarity and cooperation among the global South in areas such as trade, debt, food, supply chain, technology, and addressing climate change, jointly addressing risks and challenges, and promoting the development of a more equal and orderly world multipolarity. The Boao Forum for Asia has become an opportunity for the international community to observe and understand China's future policy direction from zero distance, as well as an important platform for business people to discover business opportunities and seek cooperation. The forum has set up topics on "China's Economic Outlook", with "developing new quality productive forces according to local conditions", "expanding high-level opening up to the outside world", and "high-quality development" becoming hot topics for discussion at this year's annual meeting. Technological innovation: Opening up new prospects for the future. Currently, the application of generative artificial intelligence is rapidly developing, digital technology is fully integrating into various fields of the economy and society. The pace of technological innovation in new energy vehicles is significantly accelerating, and green technology is playing an increasingly important role in promoting sustainable growth... Technological innovation is changing the world. What will the world look like if disruptive technologies such as strong artificial intelligence and quantum computing are mutually empowered? What changes will occur in human production and lifestyle, and what risks may they face?

Edit:Yi Jing Responsible editor:Li Nian

Source:XinhuaNet

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