Backgrounder: Summer Davos forum in China   2010-09-12 15:39:23 FeedbackPrintRSS

TIANJIN, Sept. 12 (Xinhua) -- The Annual Meeting of the New Champions, also known as the Summer Davos, is to open Monday in China's northern port city of Tianjin, with focus on sustainable growth while seeking post-crisis recovery.

With the theme of "Driving Growth through Sustainability" this year, the three-day meeting, one of the foremost global business gathering sponsored by the World Economic Forum (WEF), attracts more than 1,400 participants from 88 countries, according to organizers.

The Annual Meeting of the New Champions provides a platform for the rising generation of global leaders from business and society to contribute to broader policy discussions and engage with the world's top business executives.

The Geneva-based WEF, established in 1971, is an independent international organization "committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas."

It is best known for its annual meeting at the Swiss winter resort of Davos, while the Annual Meeting of the New Champions in China is focused on newly emerging businesses and nations.

China has held three Summer Davos meetings as the world is showing an increasing interest in the developing country's economic development.

The first Summer Davos forum was held in northeast China's coastal city of Dalian in September 2007, with the theme of "Shifting Power Equation," and the second held in Tianjin in September 2008, with the theme of "The Next Wave of Growth."

The third Summer Davos forum was again held in Dalian in September last year, with the theme of "Relaunching Growth." The forum attracted some 1,400 participants from nearly 86 countries and regions.

Editor: Lin Li
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