The 2025 edition of the World Economic Forum's (WEF) annual meeting commenced on Monday in Davos, Switzerland, drawing nearly 3,000 participants from 130 countries and regions. Under the theme \"Cooperation in the Intelligent Age,\" global leaders, business executives, and experts are convening to address the urgent need for global collaboration in tackling shared challenges.
As the world navigates the complexities of geopolitical tensions, an accelerating climate crisis, and the transformative impact of artificial intelligence and automation on economies, the discussions at Davos aim to find common ground and drive meaningful change. Over 60 heads of state and government are participating in dialogues to shape a more sustainable and inclusive future.
Chinese Vice Premier Ding Xuexiang emphasized the significance of cooperation in promoting economic globalization during his speech at the forum. \"Through cooperation to promote economic globalization, we will usher in a more vibrant, advanced, and sustainable new stage. I believe we have the wisdom and capability to find mutually beneficial cooperation through communication and consultation, and I also recognize the challenges in further advancing economic globalization,\" he stated.
Highlighting the interconnectedness of global economies, European Commission President Ursula von der Leyen stressed the need for unity. \"We will need to work together to avoid a global race to the bottom. Because it is in no one's interest to break the bonds in the global economy,\" she remarked.
WEF Founder Klaus Schwab, addressing the divisions within the world, called for a renewed spirit of optimism and collaboration. \"Despite divergent positions and great uncertainties, the Annual Meeting 2025 will foster a spirit of cooperation and constructive optimism with the objective of shaping the forthcoming Intelligent Age in a more sustainable and inclusive way,\" Schwab said.
Jeremy Jurgens, Managing Director of the WEF, underscored the importance of strong global governance amidst rapid technological change. He highlighted China's contributions in areas such as economic growth, innovation, and environmental sustainability, underscoring the importance of inclusive international collaboration. \"China's role in driving innovation and addressing environmental challenges is pivotal for global progress,\" Jurgens noted.
The discussions at the forum are expected to have significant implications for Asian markets and societies. With Asia being a hub for technological innovation and economic growth, the emphasis on cooperation and sustainable development resonates strongly with business professionals, investors, and the Asian diaspora worldwide.
As the intelligent age ushers in unprecedented changes, the collective efforts of global leaders in Davos aim to pave the way for strategies that foster economic resilience, social inclusion, and environmental stewardship, benefiting not only Asia but the entire global community.
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