|
"Summer Davos" in Asia Old models must change for economic recovery to be sustainable  At the close of the third Annual Meeting of the New Champions, a panel of multinational experts called for fundamental shifts in business models and government policies to address the glaring imbalances exposed by the crisis. Consumer demand, rather than international regulation or government stimulus packages, will drive these changes. The key elements of recovery are “confidence, transparency and innovation,” explained Ben J. Verwaayen, Chief Executive Officer, Alcatel-Lucent, France.
All stories from Saturday 12 September
• Old models must change for economic recovery to be sustainable • Schwab Foundation honours Asia Social Entrepreneurs of the year • Adapt and make fast decisions to benefit from the current crisis • Is a new global reserve currency the answer to relaunching growth? For Chinese consumers to lead growth, Chinese incomes must rise  Chinese prosperity can be a win-win for the world, according to business and government leaders during the "The Global Dimensions of China's Domestic Growth" session at the World Economic Forum’s Annual Meeting of the New Champions. But if the Chinese are to take over as the world’s leading consumers, China’s per capita GDP, which currently stands at just US$ 2,000, must rise considerably. And for China’s growth to positively impact the developing world, it must work to raise all sectors of resource-rich countries.
Wen pledges China will lead sustained growth, boost domestic demand  Wen Jiabao, Premier of the People’s Republic of China, opened the World Economic Forum’s Annual Meeting of the New Champions, laying out an ambitious agenda to reinvigorate China’s economy while meeting social goals. He explained his nation’s stimulus plan and called for increased cooperation to meet collective challenges as the world recovers from the recent financial turmoil. “Over the past year, the world economy has experienced the most severe challenge since the Great Depression,” said Wen.
All stories from Thursday 10 September
• Wen pledges China will lead sustained growth, boost domestic demand • Business, government and civil society leaders look to relaunch growth • What global risks need urgent attention? • Switzerland replaces US at top of competitiveness rankings • Presenting a major opportunity for real structural change • World leaders gathering in China to relaunch global growth • Chinese Premier to open “Summer Davos”
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
 |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
