The Boao Forum for Asia, often called the "Davos of the East," has kicked off its 25th annual conference in Boao, a tropical coastal town in Hainan Province. Under the theme "Asia in the Changing World: Towards a Shared Future," regional leaders and innovators are gathering to explore unity amid global turbulence.
This year marks a notable shift in tone. Compared to previous sessions set against domestic economic adjustments, recent gatherings such as the China Development Forum 2025 in Beijing have showcased renewed international confidence. Prominent voices like Roland Busch of Siemens AG and Stephen Schwarzman of Blackstone emphasized the Chinese mainland's commitment to high-quality growth driven by advanced technology and efficiency.
Economic indicators further bolster this optimism. The Boao Forum 2025 report projects Asia's economy to grow by 4.5 percent this year – significantly outpacing the global average – and reaffirms the region's pivotal role as a primary engine of global economic recovery.
Amid challenges ranging from potential U.S. tariffs to global supply chain disruptions, the forum raises an essential question: How can Asia forge a unified path toward a resilient future? As leaders engage in strategic dialogue and share innovative solutions, the event exemplifies how collaboration across diverse markets can address common challenges.
For globally minded young citizens, business innovators, thought leaders, and digital nomads, the Boao Forum for Asia stands as a vibrant example of how a shared vision and collective action can pave the way for enduring progress and inclusivity in an ever-changing world.
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Boao Forum for Asia: How can the continent forge a shared future?
cgtn.com
