China Daily (Hong Kong)

Over 150 top global firms to attend developmen­t forum

- By LIU ZHIHUA liuzhihua@chinadaily.com.cn

A total of more than 150 internatio­nal delegates will take part in the upcoming 2019 China Developmen­t Forum (CDF), among whom about two-third will be CEOs or presidents of Fortune 500 enterprise­s or global industry leaders, the forum organizers announced on Wednesday.

Themed “Greater Opening-up for Win-Win Cooperatio­n”, the forum will be held at Diaoyutai State Guesthouse from March 23 to 25.

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The overseas business leaders are mainly from industries such as energy and mining, finance, aerospace, informatio­n and communicat­ions, equipment manufactur­ing, bio-pharmaceut­icals, and consulting services, said the organizers.

Chinese delegates include about 50 high-ranking officials, 30 delegates from central State-owned enterprise­s, and 10 local government leaders.

As the first major State-level internatio­nal conference held after the two sessions, the forum is annually hosted by the Developmen­t Research Center of the State Council (DRC), and organized by the China Developmen­t Research Foundation (CDRF).

“Both China and the world are facing new opportunit­ies and challenges due to the changing internal and external environmen­ts,” said Long Guoqiang, vice-president the center.

“We hope the forum will serve as an effective platform for China and the outside world to better know each other and to communicat­e.”

In the past 20 years, the CDF has made its contributi­on to the developmen­t of both China and the whole world, and help boost exchanges and cooperatio­n, Long said.

The CDF this year will continue its characteri­stics of being smallscale, but distinctiv­ely profession­al and high-level, to provide a pivotal platform for exchange and communicat­ion among the Chinese top authoritie­s, internatio­nal business community, multilater­al internatio­nal organizati­ons and the academia, and enhance internatio­nal cooperatio­n and dialogue, he said.

That is especially important considerin­g 2019 marks the 70th anniversar­y of the founding of the People’s Republic of China, and China vows to further open up and reform, he said.

According to Lu Mai, secretaryg­eneral of the CDRF, the forum’s agenda this year focuses mainly on hotspot developmen­t and business topics.

Main sessions of the forum will cover topics such as supply-side structural reform, new measures for active fiscal policy, opening-up and win-win cooperatio­n, high developmen­t in the manufactur­ing industry, and the Guangdong-Hong Kong-Macao Greater Bay Area.

World famous economists, including four Nobel laureates — Michael Spence, Joseph Stiglitz, Edmund Phelps and Christophe­r Pissarides — will attend the event.

There will be a new session called the CDF Talk, during which 12 business and academic delegates will deliver 20-minute speeches each about their views and experience on science and the future related with China, the organizers said.

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