The theme of the 2018 BFA Annual Conference is An Open and Innovative Asia for a World of Greater Prosperity. How was this theme formulated? What is the BFA expecting to achieve at this year’s conference? Zhou Wenzhong:
In May 2017, the BFA started to solicit advice from its 29 founding countries, its board of directors, council of advisors, members, partners, think tanks and the media on the theme of the annual conference and topics for discussion. We also held three seminars and a special meeting of the board of directors to discuss the theme.
During the process of consultation, we had a common understanding that—given the fact that anti-globalization sentiment and trade and investment protectionism are on the rise, and that globalization is partially facing setbacks—Asia, as well as the whole world, needs to be more open and connected than ever before, rather than being isolated and closed. The world needs to be more inclusive and balanced, rather than divided between the rich and poor.
Currently, world economic growth is still fragile; there are many uncertainties and complicated situations in the world economy. Asia and the world need to change their ideas of development to economic growth driven by innovation instead of simply by factor input. Under the current situation, peace and development remain the call of our day. It should be the common mission of Asia and all the countries of the world to build a community with a shared future for mankind, and to advance the common development and prosperity of the world.
To push forward Asia’s adaptation to the new situation, the BFA invited officials, industry and business professionals and academics from around the world, especially from the Asia-Pacific region, to gather at this year’s annual conference to review the past and discuss prospects for openness and innovation in Asia. The discussions at sub-forums will focus on a variety of aspects, including sustainable development, macroeconomic policy, corporate responsibilities, social and cultural advancement, scientific and technological innovation, promotion of the Belt and Road Initiative and the strengthening of regional cooperation. We hope that the 2018 con-