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BFA: Asian countries must stand firm with each other

  (April 11, 2018)

BEIJING, April 11, 2018 /PRNewswire/ -- A news report by China.org.cn on the annual Boao Forum for Asia:

The annual Boao Forum for Asia is being held from April 8 to 11 in southern China's Hainan province. Its namesake, Boao, is a small fishing village turned international hub, which is once again at the center of global attention.



With the larger theme "An Open and Innovative Asia for a World of Greater Prosperity," the forum includes 60 sessions falling under four key topics, namely Globalization and the Belt and Road Initiative, An Open Asia, Innovation, and Reform. Chinese President Xi Jinping attended the opening ceremony and delivered his keynote speech. He announced a series of measures China will take to further promote its opening-up campaign.

This year's forum is taking place just as trade tensions are escalating between China and the United States. This makes issues such as globalization versus anti-globalization, WTO rules and trade protectionism, and unilateralism versus multilateralism hot topics in the forum.

In recent years, despite various constraints including unbalanced development and the lack of innovation, Asian countries have maintained relatively high economic growth rates. In the latest update from the "World Economic Outlook," the International Monetary Fund predicted that emerging and developing Asian countries will grow at about 6.5 percent from 2018 to 2019. Asia has changed its role from a beneficiary to a promoter of globalization.

Although the trade friction provoked by the United States is targeted particularly at China, it is bound to have an adverse impact on the development of Asia as a whole. Asian countries must stand together firmly to promote globalization while upgrading and expanding hard-won progress through reform and innovation.

The Boao Forum for Asia is a platform for seeking and building consensus on development. To achieve substantive results, Asian countries need to work together to advance the development of an Asia-Pacific free trade area, the China-ASEAN Free Trade Area and the Belt and Road Initiative, as well as other regional and global cooperative endeavors. China will open wider to the outside world and conduct a new round of in-depth reform, in an effort to fuel Asian and world economic development, and to build a community with a shared future for mankind.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm

BFA: Asian countries must stand firm with each other
http://www.china.org.cn/video/2018-04/11/content_50863364.htm

About China.org.cn

Founded in 2000, China Internet Information Center (China.org.cn/China.com.cn) is a key state news website under the auspices of the State Council Information Office, and is managed by China International Publishing Group. We provide round-the-clock news service in ten languages. With users from more than 200 countries and regions, we have become China's leading multi-lingual news outlet introducing the country to the outside world.

We are one of the country's authoritative outlets for government press releases and are authorized to cover various major events. "Live Webcast" is our online webcasting service to present State Council Information Office press conferences in both Chinese and English languages. We are reputed for timely and accurate delivery of news and information, and wide interactions with audiences. In addition, we are authorized to publish and live broadcast major events and press conferences of ministries, local government agencies and institutions as well as enterprises.

In the era of mobile internet, we endeavor to create an array of products for mobile devices headed by the multilingual WAP platform and the mobile APP. We also use Chinese and international social media to publish information for different user groups.

In the future, CIIC will continue to offer authoritative information about China, tell China's stories, voice China's opinions, and introduce a vivid, panoramic and multicultural China to the world through multi-language, multi-media and multi-platforms.

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SOURCE China.org.cn

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