BOAO, China, April 8 (Xinhua) -- Over a year ago, Chinese President Xi Jinping vigorously defended free trade at the World Economic Forum annual meeting in Davos, impressing the world with China's staunch support for globalization.
That defense has become more relevant today. Full story
BEIJING, April 8 (Xinhua) -- Originally a small fishing town little known to the outside world, Boao, in China's southern island province of Hainan, has earned a reputation as Asia's Davos for its annual Boao Forum for Asia.
Chinese President Xi Jinping will deliver a keynote speech at the opening ceremony of this year's conference, a four-day event that started Sunday under the theme of "An Open and Innovative Asia for a World of Greater Prosperity." Full story
BOAO, Hainan, April 8 (Xinhua) -- The Belt and Road Initiative has injected fresh vitality to Asia's economic cooperation and helped the continent to reshape its international relations, according to a report released Sunday at the Boao Forum for Asia 2018 annual conference.
The Belt and Road Initiative has provided "a new channel" for the world to confront the challenges of anti-globalization, as it can be used to tackle the problems arising from globalization and facilitate the sharing of development experiences, said the The Asian Competitiveness Annual Report 2018. Full story
BOAO, Hainan, April 8 (Xinhua) -- Trade protectionism cannot secure an everlasting impetus for economic growth, but instead imposes restrictions on the sustainability of economic development, according to a report released by the Boao Forum for Asia (BFA) Sunday.
Asia's export-oriented economies should not fall into the trap of protectionism but adapt to new changes of the external environment and take proactive measures to explore new growth points based on innovation, according to the BFA Asian Competitiveness Annual Report 2018. Full story
BOAO, Hainan, April 8 (Xinhua) -- Major emerging economies maintained an upward momentum in 2017 due to a drastic rise in external demand and stable domestic consumption demand, said a Boao Forum for Asia (BFA) report Sunday.
The report, titled "Development of Emerging Economies Annual Report 2018," was released at a press conference of the BFA annual conference, running from April 8-11 in south China's Hainan Province. Full story