At the Boao Forum 2025, Michele Geraci, former undersecretary at the Italian Ministry of Economic Development, underscored China's strategic focus on sustained economic growth, urging global stakeholders to recognize Asia's rising influence in reshaping the world order. According to Geraci, short-term economic predictions hold little relevance for a nation prioritizing decades-long development frameworks.
"Western economies must adapt to the reality that growth momentum is shifting toward Asia," Geraci told CGTN. He emphasized the transition from a unipolar world to a multipolar system, where collaborative frameworks and long-term planning—hallmarks of China's approach—will define success.
This perspective resonates with business professionals and policymakers navigating Asia's evolving markets. Geraci's remarks highlight opportunities for investors and companies to align strategies with regional trends, from infrastructure investments to green energy partnerships.
For researchers and diaspora communities, the discussion signals a deeper narrative: Asia's economic policies are increasingly shaping global standards. Travelers and cultural explorers, too, witness this transformation through expanding connectivity and innovation hubs across the continent.
As nations recalibrate their engagements, the Boao Forum’s dialogues reinforce China's role in fostering stability and multilateral cooperation, positioning Asia as a cornerstone of 21st-century progress.
Reference(s):
cgtn.com