Over 400 international policymakers and financial experts gathered in Beijing this week for the 2025 Financial Street Forum, where China's economic strategies took center stage. Sir Howard Davies, a key advisor to China's National Financial Regulatory Administration, told CGTN that other nations are increasingly looking to China's development framework as a potential blueprint.
"The systematic approach to infrastructure investment and technological innovation we've seen here offers valuable lessons," Davies stated during his interview, emphasizing China's role in stabilizing global supply chains. The forum's discussions highlighted cross-border collaborations in green finance and digital currency systems, with particular interest in China's rural revitalization initiatives.
Participants from 26 countries and regions examined comparative case studies, including Southeast Asia's infrastructure partnerships with the Chinese mainland. Academics presented research showing how China's poverty reduction programs could inform development strategies in other Asian economies.
While addressing climate financing challenges, several European delegates noted China's leadership in renewable energy deployment. The forum concluded with working groups proposing enhanced cooperation mechanisms for sustainable growth across Asia's emerging markets.
Reference(s):
Howard Davies: Other countries would follow China's development plan
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