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Summer Davos: Focus On "Growth Blueprint" Theme

2015/9/7 22:30:00 16

SummerDavosEconomic And Financial Topics

In summer, Davos has been taking turns in two cities in Dalian and Tianjin since 2007.

In the summer of 2015, the Davos forum will be held in Dalian in from September 9th to 11th. At that time, more than 1700 guests from more than 90 countries will gather together to discuss the new issues and key issues that will affect China and the world's economic growth in the context of technological innovation.

According to the General Assembly organizers, this summer Davos gathered more than 900 business leaders worldwide, more than 650 from Greater China.

There are more than 290 Global Growth Companies, 40 technological pioneers, over 320 women leaders, 120 global youth leaders and outstanding young people, 150 academic leaders, 45 young scientists, 60 social entrepreneurs, and so on.

International capacity urgently needs cooperation

Li Keqiang, who had previously met with the chairman of the world economic forum at Zeng Guang Ge in Zhongnanhai, pointed out that the "international capacity cooperation and economic pformation and upgrading" sub forum held in Davos in summer will help us to explore how to compare the comparative advantages of China's capacity and equipment manufacturing with the advanced technology and management experience of developed countries, to better meet the needs of infrastructure development and industrialization in developing countries, to achieve mutual benefit and win-win and to jointly promote the recovery and growth of the world economy.

Liang Linchong, deputy director of the International Cooperation Department of the national development and Reform Commission, also revealed at a news conference that in order to actively promote international capacity cooperation, the NDRC and participants discussed how to develop international capacity cooperation and promote the pformation and upgrading of traditional industrial areas during the summer Davos forum.

Promoting international capacity cooperation is also an important foreign cooperation initiative put forward by the government in recent years. This year, the national development and Reform Commission will hold the forum during the summer Davos forum after consultation with the world economic forum.

Liang Linchong told reporters that there are three aspects of the agenda, including linking up the global industrial value chain, pformation and upgrading of traditional industrial areas, and giving full play to the role of company cooperation.

Zhang Jun, director of the international economic division of the Ministry of foreign affairs, believes that promoting international capacity cooperation will help to excavate new growth momentum for the world economy and reflect the new advantages of China's entry into the new stage of development, and will also release greater energy in the development of the northeast region.

It is undeniable that at present, domestic coal, iron and steel, aluminum and other industries are still in the state of overcapacity.

Take the coal industry as an example, in the first half of 2015, China's Shenhua and Yanzhou coal industries and other coal giants fell sharply, and China coal energy and Shaanxi coal industry were facing huge losses.

In fact, through the international pfer of capacity to digest excess capacity, it is an important part of the process of economic globalization, and is a common rule of developed countries to digest excess capacity.

In May this year, the State Council issued the guiding opinions on promoting cooperation in international capacity and equipment manufacturing. Steel, nonferrous metals, building materials, railways, electric power, chemical industry, light textile, automobile, communications, engineering machinery, aerospace, shipbuilding and ocean engineering were identified as key industries for China to promote international capacity cooperation.

  

Zhang Jun

It is believed that China has become a big industrial country in the world. Its outstanding advantages lie in the middle of the global industrial chain. China's international cooperation in production capacity is not only conducive to optimizing its own industrial structure, promoting economic restructuring, but also helping developing countries to "grow meat on their own bones".

China is also willing to develop three party cooperation with developed countries and link up their respective comparative advantages, so that both the middle and lower reaches of the global industrial chain will be developed and progresses, so that the global industrial chain can be linked to development.

Lu Lin, vice mayor of Dalian, told a news conference that Dalian will discuss the strategic cooperation mode with the world economic forum, and make full use of the Summer International Conference in Davos to further deepen reform and opening up.

"During the annual meeting, we will carry out various forms of economic and trade exchanges, and will formally sign a number of relatively large projects, and strive to make breakthroughs in opening up and attracting foreign investment.

The signing time was the day before the Davos forum held in September 8th (September 8th), and the contract projects were mainly concentrated in the second third industry.

Zhang Jun said frankly that carrying out international production capacity cooperation is conducive to speeding up the adjustment and adjustment of the economic structure of various countries, promoting the return of all countries' economy to the real economy and accumulating the energy of sustainable development.

At the same time, international capacity cooperation is also in line with the practical needs of some countries to promote industrialization, which is conducive to improving the global industrial layout, optimizing the industrial chain and supply chain, and adding new impetus to the world economy.

Compared to the "plain and casual" in the Swiss town of Davos in summer, there is more passion and strictness in the summer of Davos in China.

"On the surface, Davos is a forum, a summit of thought.

Organizers do not advocate substantive business negotiations at the conference.

But in fact, it will achieve this effect and become a bridge between investors and builders.

Li Bozhou, President of Dalian Trade Promotion Association, understands Davos in summer.

Dig up the meaning of "growth"

Since 2007, the world economic forum has held the annual annual meeting of the new leaders of the world economic forum in China every year in September. It is also called "summer Davos annual meeting". It focuses on changing the global, regional and industrial problems of the new pnational enterprises and high growth economies.

The annual meeting of the new leaders will focus on the views of the next generation of leaders, who are deeply influencing the future business models, sustainable development strategies and technological innovation.

By combing the themes of all previous forums, the reporter found that from 2008, "the next wave of growth", the "revival of growth" in 2009, the "sustainable growth" in 2010, the "focus on the quality of growth and the control of the economic structure" in 2011, and the "new blueprint for growth" in 2015, Davos was the fifth time in the summer to discuss "growth".

At present, the world is not yet completely out of the gloom of the financial crisis in 2008. The world economy is in the process of changing from the old pattern to the new pattern.

According to the latest prediction by the International Monetary Fund (IMF), global economic growth in 2015 is expected to fall to 3.5%, and the US economy is gradually going out of recession. The euro area and Japan are facing weak economic growth and deflation risk. The problem of slow growth of some emerging economies and developing countries is affected by the decline in commodity and energy prices.

In June 17th, Premier Li Keqiang of the State Council met with Schwab, chairman of the world economic forum at ziging Pavilion, Zhongnanhai, referring to the fact that the world economy is undergoing a deep adjustment, and the recovery process is still tortuous.

Faced with the complex external environment and the downward pressure on domestic economy, the Chinese government has intensified its directional control efforts by deepening the reform of decentralization, decentralization, and optimizing services, so as to promote public entrepreneurship and innovation, stimulate market vitality and foster new economic growth momentum.

Since May this year, major economic indicators such as industry, investment, consumption, import and export have been steadily improving and employment has maintained a good momentum.

"We will continue to pform the way and structure, improve the quality and efficiency of development, and keep the Chinese economy growing at a medium and high speed and moving towards the medium and high end level."

As the second largest in the world

Economies

And the country with the greatest potential for development, China's economic performance has a profound impact on the global economic trend.

How China says and how to do it also affects the nerves of the world economy.

Speaking of the theme of this forum, "drawing up a new blueprint for growth", Liang Lin Chong, deputy director of the international cooperation division of the national development and Reform Commission, told reporters: "this theme reflects the common concerns of the current international community in promoting economic development.

The Chinese government hopes that this forum will clarify the direction of China's overall economic reform and adhere to market-oriented reforms, pay more attention to innovation driven development, and pursue a win-win and win-win opening strategy. China's economic development potential and prospects are very broad, and will bring more opportunities for the development of all countries in the world.

Reporters learned from the organizers that this summer Davos will focus on agriculture and food safety, economic growth and social inclusion, employment skills and human capital, environmental and resource security, the future of the global financial system, the future of the Internet, global gender equality, international trade and investment, long-term investment and infrastructure and economic development. This paper attempts to explore topics such as the impact of platform expansion on labor and consumers, internationalization of the renminbi, Internet risk prevention, digital technology and cross-border goods and services trade, Asian investment bank and Silk Road Fund's impact on the global ranking.

It is worth mentioning that at this forum, topics about China's "new normal", RMB internationalization reform, "Internet +" strategy, international capacity cooperation and new energy have attracted wide attention.

Technology has attracted much attention

As a global event in the field of innovation and technology, there are still many bright science and technology topics in Davos this summer.

Participants will discuss how intelligent machines affect the development of AI and debate on whether machines will be smarter than human beings.

In January 21st this year, at the annual meeting of the world economic forum held in Davos, Switzerland, Premier Li Keqiang stressed that to achieve "double high" in China's economy, we must make good use of the "two hands" of the government and the market and open the "dual engine".

The first point is to create new engines to promote public entrepreneurship and innovation.

"China has 1 billion 300 million population, 900 million labor force, 70 million enterprises and individual businesses, and the people are industrious and intelligent.

If every cell in the whole society is activated, it will make the whole economic body full of vitality, and then converge into a huge driving force.

Public entrepreneurship and universal innovation contain infinite creativity and unlimited wealth. They are inexhaustible "gold mines".

Talking about

innovate

When discussing the topic, the executive director of the world economic forum and chief representative of Greater China, ed Wei believes that innovation is playing a decisive role in the future development of the world.

If applied properly, it will help the world return to the state of sustainable growth and help us cope with challenges such as climate change.

At the same time, innovation also urges us to think in a new way, for example, how should we welcome the arrival of the era of shared economy, and how to reduce the negative effects of machine automation and artificial intelligence.

These considerations and discussions are particularly important for China today and in the future because it is pforming into an economy driven by innovation and consumption.

Liu Shijin, deputy director of the development research center of the State Council, believes that the quality and efficiency of economic growth is more important than ever at the time of economic pformation.

In the future, as China enters a process of differentiation and reorganization of industries and enterprises, there will be a number of industries and enterprises with long-term and stable international competitiveness.

Most of the industries left behind are "traditional industries".

Whether competitiveness is not necessarily related to the new and old industries, the key lies in whether they have the unique ability to imitate.

Zhang Yu, an associate professor of the Institute of international economics, Nankai University, told reporters that the Davos forum is now emphasizing the role of innovation. This innovation may be more related to technological change and productivity growth to change the extensive economic growth pattern.

From the perspective of the whole global cycle, we are now at the stage between the two technological revolutions. We must rely on new technologies to bring the global economic belt to the mire.

"Economic growth must change from the extensive growth of relying on resources and large-scale input of factors to the growth mode of relying on technological progress and enhancing productivity. We must rely on technological progress. We must rely on innovation to create new investment opportunities, new products, and create new markets to drive new consumption and the re emergence of manufacturing industry."

The world economic forum has announced the selection of "technology pioneer" enterprises in 2015, and 49 enterprises from 10 global economies have been selected.

The common feature of these enterprises is to dare to break the status quo and use the abundant venture capital in the market to seek high-tech breakthroughs in the fields of health care, finance, digital security and energy.

Monte Leisel, the technology pioneer community leader of the world economic forum, called the spirit of these entrepreneurs "millennial thinking".

"Today's" technology pioneers "are more aware of the urgent challenges facing the world, so they want to have both fish and bear's paw, that is, to fulfill their social civic role while trying to achieve their entrepreneurial dream.

The 49 selected technology pioneers were selected from hundreds of candidate companies, including TransferWise, a British company that is changing its capital pfer service, Plant-e, a Holland enterprise using plant power, and Editas Medicine, an American company exploring genome editing technology.

These enterprises are involved in the field of high cost, the response to the problem is also the core of global challenges, such as energy production, health care, finance and digital security.


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