At the first press conference of the Boao Forum for Asia 2021 Annual Conference held on the 18th, the "Asian Economic Prospects and Integration Process" and "Sustainable Asia and the World" 2021 Annual Report were officially released. The report believes that this year, the Asian economy will experience recovery growth, and the economic growth rate is expected to reach more than 6.5%. Asia will become an important engine for sustainable global recovery.
The report believes that due to the impact of the new crown epidemic, the Asian economy experienced negative growth last year for the first time in 60 years, but the overall performance is very resilient. China is the only major global economy that will achieve positive economic growth in 2020, and Asia is strengthening epidemic prevention and control , It plays an important role in maintaining the smoothness and stability of the industrial chain and supply chain, and promoting trade and investment. It is a stabilizer of multilateralism. Among them, China has played a mainstay role.
Boao Forum for Asia Secretary-General Li Baodong said that the Asian market dominated by China will further expand, creating huge demand for the world economy. With Asia stabilizing the epidemic first in the world and resuming production, it is expected that the pace of economic recovery in Asia this year will accelerate, and the growth rate is expected to reach more than 6.5%. This is a very gratifying number.
Li Baodong said that China’s “One Belt and One Road” initiative, “ASEAN Connectivity Master Plan 2025”, and the construction of the Eurasian Economic Union, and other regional and global interconnection initiatives have a strong connection and docking, which is effective for regional economic and trade cooperation and epidemic Post-economic recovery and development are of great significance.
"We believe that in the post-epidemic era, Asian economies will be more active and prosperous, participate in the formulation of international economic and trade rules, promote the reform and improvement of international institutions, promote the construction of an open world economy, and safeguard economic globalization and multilateralism. Make more contributions." Li Baodong said.
Li Baodong said that under a century of change, it is believed that Asia will become an important engine for sustainable global recovery, and will work with other countries and regions to overcome the epidemic and solve the development deficit.Promote economic integration, increase cooperation with other regions and developing countries, strengthen experience sharing, jointly promote capacity building, actively participate in the reshaping of international rules and order, and promote the building of a community with a shared future for mankind.
The Boao Forum for Asia 2021 Annual Conference will be held from April 18 to 21. It is the world's first large-scale international conference with offline conferences this year. According to preliminary statistics, a total of more than 2,600 representatives from more than 60 countries and regions and more than 1,200 journalists from 160 media organizations from 18 countries and regions participated in the annual meeting. This year, the number of registrations exceeded 4,000, an unprecedented scale.
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