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The 2025 Summer Davos Forum will be held in Tianj on June 24-26 and is expected to bring about 1,800 participants from more than 90 countries and regions.
Chinese news service | Chinese news service | Getty pictures
This report is from the Chinese connection bulletin of CNBC, which brings information and analysis of CNBC’s second largest economy. Every week, we will explore the biggest work stories in China, we will help you build a Lownown for market movements and for next week. As you can see? You can subscribe here.
The great story
The United States has preferred US media headlines in the Israeli-Iran conflict, but in the Spring Davos conference in Spring Davos this week, it was more about navigating with Washington with less time.
Ten years ago, goods, capital, technological and talented flow between the so-called Eastern and West; Now about the streams between the global southern countries, Ben Simpfendorfer, a partner’s management consultant in Hong Kong said in Oliver Wyman.
“Mood (Tianjin) reflects a changing world order. The global south is more closed than ever.”
Global south Deprived of less developed economies, especially countries outside the US and European orbits. Think Southeast Asia, Africa, Latin America and Middle East – China searched for all regions develop trade and political relationships.
“There are 130 neutral countries ready to do among geopolitical fractures, and many are looking for businesses and are in the global south,” said global preference practice in a WEF panel
China, who deepened his relations with the global south, called on the Prime Minister Li Qiang to trade in the WEF forum on WEF for the “rebuild”.
“Asia and the Middle East have still integrated into an extent in Europe and the United States, but we could move to a world where integration is integrated into a degree.
Updated
Since 2007, the Swiss-based World Economic Forum has been managed by the Summer version of Davos in China as an alternative to the northern part of the country in the northern part of the country.
However, local Chinese governments have closed their conferences and slowed the general economy, foreign businesses interested in China should not trust in the summer Davos match. Pandemic and violations in the US-Chinese tension also received their number.
This year, the more calm groups, quiet groups of quieter participants, including artificial intelligence and economic outlook, have become a slightly aggressive crowd to hit the events.
Seats for the annual release of the WEF are filled quickly “Top 10 developing technologies“The report – now in the year of cooperation with the Future Fund of Dubai. The previously reported Created by the Forum with Scientific America.
Some prominent leaders had the opportunity to visit China. Prime Minister of Singapore Lawrence Wong, President of Vietnam Pham Minh Chinh and Ecuador Daniel Noboa Azín, was among the best political leaders This is involved in this year.
“The United States has called a wake up for the global southern Need to diversify the shock,” said Simpfendorfer, Malaysia and Vietnamese businesses.
However, he noted that it will not be easy to move a US market to many global southern markets.
To attract trade partners, countries from Egypt Vietnam China is all trying to increase economic competitiveness.
Simpfendorfer said that the last two decades of learning, the last two decades of learning, the transformation of artificial intelligence will be a good guide to the next 20 years.
Egypt’s Investment and Trade Minister Hassan El Khatib told CNBC to Chery Kang on the edge of the Forum On Tuesday, the country sought to be in business competitiveness until 2030, and the last year was given to the development of the private sector. He stressed the Chinese labor pool and engineering talent and noted the country’s everywhere in the world.
As the US-China tensions remain solved, the more countries may be able to take the Chinese Prime Minister to change the world to the invitation to change the world.
– CNBC’s Bernice Oo contributed to this report.
The best TV selection in CNBC
Head of Global Issuing Services Johnson Chui, Head of Global Issues, holds a negotiation on the latest updated interest in Hong Kong for attracting a wave of foreign investors and iPos.
Eswar Prasad, the former head of Professor and IMF in Cornell University, the former head of the Chinese department, both the United States and China’s trade relations are said to be “low-temperature” pressure.
McKinsey chairman Joe Ngai, China’s chairman, said in China, including foreign threats in the Middle East, including foreign threats, including foreign threats, and the strength of corporations in China.
You should know
In May, China’s financial revenue growth stands. Central government In May, financial income increased by only 0.1% In April for a year, 1.9% slowly slows down. Income not included in the tax, 2.2%, the first annual drop since 2014, the tax revenue made 0.6% modest earnings a year ago.
Chinese Prime Minister Li Qiang called on trade not to turn trade into a political issue. He was talking about Opening the annual conference of the World Economic Forum In China, it is often called “Summer Davos”. The Chinese leader has called on other countries to cooperate with trade and promise to give “China to a mega-sized consumption force.”
Beijing paces criticizes Israel. China promised to support Iran shortly after the Israeli attack in Iran. Despite the initial support for Iran, Beijing’s rhetoric has changed be measured.
– Anniek bao
In the markets
Mainland China and Hong Kong shares were a ceasefire between Israel and Iran in the area of mixed trade in the region on Wednesday, and fresh comment From the US federal reserve.
Mainland China CSI 300 Hong Kong 0.35%, Hang Seng Index – Which Chinese companies include – at 12:20% local time earned 0.77%.
Performance of the Shanghai composition during the last year.
Go out
June 24 – June 27: The Standing Committee of the National People’s Congress meets China’s top legislative Discuss a law on unfair competitionand consider the government’s expenses.
June 26: Asian Infrastructure Investment Bank later holds the opening ceremony of an annual meeting To appoint a new president for a five-year term starting in January; Xiaomi will reveal its electric yu7 SUV price
June 27: China Industrial Profit Information For May
June 30: China’s official production PMI for June
July 1: The anniversary of the establishment of the Judge China Communist Party in 1921; Caixin Production PMI for June
