ECONOMY
Annual Meeting of New Champions underway in China
Baku, September 10 (AZERTAC). The 7th Annual Meeting of the New Champions, also known as the “Summer Davos” has started in Dalian, the People`s Republic of China.
The forum brings together more than 1,500 participants from 90 countries to share strategies and solutions and discuss global issues and risks.
Azerbaijan is represented by Minister of Industry and Energy Natig Aliyev, Minister of Communications and Information Technologies Ali Abbasov, Vice President of the State Oil Company (SOCAR) Elshad Nasirov and ambassador to China Latif Gandilov.
The meeting creates a unique opportunity for exchange between leaders from top-ranked multinationals and chief executive officers of dynamic and fast-growing companies, including key decision-makers from government, media, academia and civil society.
The world is facing an unprecedented set of intertwined global challenges - economic, political, societal and environmental. China`s growth trajectory and the prolonged malaise affecting OECD economies are predicted to change the global economic order. Population trends, resource shortages and widening competitiveness gaps put pressure on governments to create growth and employment while ensuring fiscal prudence, social equity and environmental sustainability. Businesses disrupt and are disrupted by new business models, emerging technologies and shifting behaviours of connected citizens and consumers. All of these factors point to a future where innovation will be an increasingly important driver of economic development, competitiveness and risk resilience. In this context, “Meeting the Innovation Imperative” serves as the theme of this year`s Annual Meeting of the New Champions. The Meeting features an intensive and interactive three-day programme to explore these issues under the sub-themes: Unleashing Innovation; Transforming Industry Ecosystems; Connecting Markets; Building Societal Resilience.