Translation. Region: Russian Federal
Source: People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
TIANJIN, June 26 (Xinhua) — Summer Davos 2025, a leading barometer of global economic trends and industrial transformation, has attracted a record number of participants in recent years, with more than 1,700 representatives from around the world.
Its popularity is a testament to both the influence of the forum, which runs from Tuesday to Thursday in the northern Chinese city of Tianjin, and the unprecedented appeal of China’s mega-market.
The forum, also known as the 16th annual meeting of the World Economic Forum (WEF) of emerging global leaders, is being held this year under the theme “Entrepreneurial Spirit for a New Era”.
“This theme, which has been at the core of the meeting’s DNA since its inception, places particular emphasis on how innovation, entrepreneurship and technological advancement can unlock the potential for growth, competitiveness and productivity,” WEF Managing Director Mirek Dušek said at the forum’s opening press conference on Tuesday.
This year’s event focuses on five key areas: interpreting the global economy, China’s prospects, industries in a changing world, investing in people and the planet, and new energy and materials.
Unlike the WEF’s annual meeting in January in Davos, Switzerland, “Summer Davos” focuses more on the future of business and technological progress. This year’s forum not only showcases China’s achievements in high-quality economic development and its strong commitment to high-level opening up to the outside world, but also serves as a platform for actively sharing the opportunities and dividends of its development with the rest of the world.
GREEN TRANSFORMATION
On the roof of the Tianjin National Exhibition and Convention Center, where Summer Davos is being held for the first time, solar panels provide a continuous supply of clean energy to power the event site.
According to State Grid Corporation of China, the forum achieved 100 percent green power supply for its facilities, using a total of 800,000 kWh of renewable electricity, equivalent to saving about 300 tons of standard fuel and reducing carbon emissions by about 600 tons.
The event venue uses photovoltaic energy generation and sponge city technologies to replace traditional energy sources with renewable ones, reduce the carbon footprint of infrastructure and significantly improve the efficiency of energy, water and materials use.
Sustainability is at the heart of WEF events, said Severin Podolak, Head of Event Management at WEF, adding that sofas and other furniture at venues are made from materials recycled in 2023, and some of the paint used in decoration comes from renewable resources such as fishing nets.
In addition, a fleet of hundreds of electric vehicles from six leading car manufacturers, including Audi FAW, provides clean and low-carbon transportation for forum participants, contributing to the event’s carbon neutrality goals.
The concept of green development was carefully and comprehensively integrated everywhere: from the design of the venues to the brochure with the forum agenda, where key topics such as Asian carbon markets and further steps in climate change adaptation became central points of discussions directly related to sustainable development.
Green nitrogen fixation has been included in the WEF’s “Top 10 Breakthrough Technologies for 2025” list, alongside innovations such as participatory sensing and autonomous biosensing, further highlighting the trend towards sustainable development becoming a global priority.
Today, China is the world leader in renewable energy investment and has pioneered transformative technologies in batteries and electric vehicles, creating millions of quality jobs in these promising sectors, said WEF Managing Director Jim Hui Neo.
“I think there is huge potential in this area to learn from the Chinese experience, where constructive partnerships can be formed between China and other parts of the world to support the global energy transition,” she said, adding that “the climate emergency and the planetary crisis cannot be resolved unless everyone is united in this journey.”
AI REVOLUTION
The futuristic exhibition area has become a major attraction, where cutting-edge AI products such as humanoid robots, brain-computer interfaces, and fully autonomous drone inspection systems attract numerous visitors. These innovations vividly showcase the technological breakthroughs of Chinese enterprises and the pioneering application of AI.
“China may have found the key to restarting global economic growth – its ‘AI Plus’ strategy,” said Liu Gang, chief economist at the China Institute of Next-Generation Artificial Intelligence Development Strategies.
He explained that the integration of artificial intelligence with the real sector of the economy provides remarkable economic advantages. For example, his team’s research shows that the use of AI in the development of new materials can increase efficiency by 100-1000 times.
Discussions on AI are unfolding with unusual intensity across the various sessions at Summer Davos 2025, mirroring the heated debates at other leading global forums. Notably, a special session on “Understanding China’s Approach to AI” will be convened, highlighting the growing international recognition of China’s key role in global AI development.
“It will be like an industrial revolution,” former British Prime Minister Tony Blair said, speaking about new technologies at the forum. Countries that embrace it go up, and countries that don’t go down, he said.
“I think understanding, harnessing and using the technological revolution is the greatest government challenge of the 21st century,” he said.
GLOBAL SYNERGY
Global growth forecasts are at their lowest in decades, according to the WEF. Reviving the spirit of cooperation will require unprecedented commitment and creativity.
Nankai University Professor Tong Jiadong, who has long led the China Agenda Research Team for the Tianjin Summer Davos, noted that the event has evolved from a leading global summit of thought leaders into a dynamic platform for promoting international exchange and cooperation.
Zhao Yan, Chairman and CEO of China’s Bloomage Biotech, is a regular participant in Summer Davos. Over the years, the company has built a global supply network in more than 70 countries and regions around the world.
“Despite complex uncertainties, the enterprise has never resorted to isolationism, but instead strives to reformat the global rules of competition through open innovation,” Zhao Yan said.
In the first five months of this year, China’s total import and export volume of goods grew by 2.5 percent year on year, and the consumption enthusiasm of foreign visitors to China increased significantly.
“We value our cooperation with China very much. We are seeing increasing interest and engagement here,” said WEF President Borge Brende. “I am relatively optimistic about the Chinese economy in both the medium and long term,” he added. -0-